Equilibrium

Equilibrium (平衡 pínghéng) refers to a state of balance between two opposing forces, resulting in a stable system. For instance, equilibrium is reached when the market demand and market supply balance each other and thus ead to a stable price level.

• 平 (píng) as in equal (平等 píngděng) or peace (和平 hépíng).

• 衡 (héng) as in measure (衡量 héngliáng) or balanced (均衡 jūnhéng).

Equilibrium (平衡 pínghéng) word examples:

1. Supply-demand equilibrium (供需平衡 gòngxū pínghéng).
2. Nash equilibrium (纳什平衡 nàshí pínghéng).

Equilibrium (均衡 jūnhéng) refers to the economic condition in which market supply and demand become balanced (平均 píngjūn) with each other, thus leading to stable prices.

• 均 (jūn) as in equal (平均 píngjūn) or even (均匀 jūnyún).
• 衡 (héng) as in balanced (平衡 pínghéng) or measure (衡量 héngliáng).

Equilibrium (均衡 jūnhéng) word examples:

1. Equilibrium price (均衡价格 jūnhéng jiàgé).
2. Market equilibrium (市场均衡 shìchǎng jūnhéng).
3. Equilibrium interest rate (均衡利率 jūnhéng lìlǜ).