What happens when a running bus loses its balance? Similar is the fate of man when his equilibrium is disturbed and he loses his balance. In fact, if we are floating, it is simply because our balance ...
Equilibrium means ‘at rest’ or ‘a state of balance’ - i.e. a situation where there is no tendency for change. The concept is used in both microeconomics (e.g. equilibrium prices in a market) and also ...