An equilibrium is termed [...]when there are forces that move price and quantity back towards equilibrium values when they deviate from those values.
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stable
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Open it An equilibrium is termed stable when there are forces that move price and quantity back towards equilibrium values when they deviate from those values.
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owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p16
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