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partial equilibrium

noun

Definitions

  1. A state of equilibrium as analysed in a specific part of an economy while ignoring the…

    A state of equilibrium as analysed in a specific part of an economy while ignoring the possible effects of changes in this part on the rest of the economy.

The neighborhood

Vish — recursive loop

No curated loop yet for partial equilibrium. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA