Discover how competitive equilibrium balances supply and demand in markets, maximizing economic efficiency for profit-driven producers and value-seeking consumers.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Katrina Ávila Munichiello is an experienced ...

A new cubic molecular-based equation of state (MMM) accurately calculates pressure, volume, temperature (PVT) and vapor-liquid equilibrium (VLE) data for pure and mixed fluids. Comparisons to the ...

The Bruun/Dean equilibrium shore profile equation predicts water depth (h) is directly dependent on offshore distance (x) in the form of $h = Ax^m$, where m is the ...

For AQA GCSE Chemistry, the specific details of how ammonia is made using the Haber process need to be known, as well as an ability to apply the principles on this page to an unfamiliar new ...

In the context of markets, equilibrium is when there's a balance between supply and demand, causing prices to stabilize. When there's an imbalance between supply and demand, prices tend to fluctuate ...