What is dynamic equilibrium in the body? A body is said to be in dynamic equilibrium if the body moves with a constant linear velocity or rotates with a constant angular velocity. In the first case, net external force on the body is zero and in the second case, net external torque appli...
Definition:Equilibrium refers to the economic situation where supply and demand for a certain good or service in the market is equal, which represents a stable market price to purchase and sell. In other words, consumers are purchasing the same value of goods or services that suppliers are willi...
Types of Equilibrium Dynamic Equilibrium Static Equilibrium Chemical Equilibrium Lesson SummaryShow Frequently Asked Questions What is dynamic equilibrium in the body? A body is said to be in dynamic equilibrium if the body moves with a constant linear velocity or rotates with a constant angular ve...
Definition:Equilibrium price is the price where the demand for a product or a service is equal to the supply of the product or service. At equilibrium, both consumers and producers are satisfied, thereby keeping the price of the product or the service stable. What Does Equilibrium Price Mean?
What is equilibrium in physics? Physics: Physics is the science that is concerned with studying the fundamental relationships that exist between all aspects of matter and energy. The matter is anything that has a volume and a mass. Key Ideas: There are two basic forms of equilibrium in Physi...
@NathanG - I would have to say that equilibrium, as applied to human existence, is probably not a good thing. That is to stay, we must always be changing, always transitioning—even “evolving” if you want to use that term—from one level to the next. ...
Branger, Nicole, Volkert, Clemens, 2012, What is the Equilibrium Price of Variance Risk? A Long-Run Risk Model with Two Volatility Factors, Working Paper, University of Muenster.Branger, N. and C. Vo¨lkert (2011): "What is the Equilibrium Price of Variance Risk? A Long-Run Risk ...
An object in static equilibrium is unable to move because all the forces acting on it compensate for one another. Static equilibrium is an important concept in the design of countless rigid structures, from the floor system of a house to an enormous suspension bridge, because these structures mu...
causing expansion or contraction until a new equilibrium is established. Iron cannot be fused into heavier elements, as this would require more energy than the process would produce, so when all the star’s nuclear fuel has eventually transformed into iron, no further fusion can take place and ...
“Equilibrium is a state of balance in an economy, and can be applied in a number of contexts. In micro-economics, market equilibrium price is the price that equates demand and supply.” “In macro-economics, national income is in equilibrium when aggregate demand (AD) equals aggregate suppl...