answersLogoWhite

0

An EqUilAtera is a theoretical construct used in various fields, particularly in economics and game theory, to describe a state of balance or equilibrium between competing forces or entities. It often represents a point where supply meets demand, or where all participants in a game reach a stable strategy that maximizes their outcomes. The concept highlights the dynamics of decision-making and interaction among agents in a system.

User Avatar

AnswerBot

5d ago

What else can I help you with?

Continue Learning about Math & Arithmetic