equilibrium

Vocabulary Word

Definition

'Equilibrium' is a state of balance or stability in a system, where opposing forces or influences are equally matched and there is no movement or change.

Examples in Different Contexts

In market analysis, finding the 'equilibrium' price is vital to understand market dynamics. An economist might say, 'Identifying the equilibrium point helps us forecast price movements and devise strategies to leverage market conditions effectively.'

Practice Scenarios

Tech

Scenario:

Our server's data transfer rates are spiking irregularly, causing instability among nodes. We need a stable data flow solution.

Response:

I suggest we optimize data routing to achieve equilibrium and ensure data transfer rates are consistent across all nodes.

Impact

Scenario:

The deforestation rates are severely affecting the local fauna. We need to think about re-establishing a balance

Response:

I agree, implementing sustainable practices can help us restore an equilibrium in the ecosystem.