The state of Balance

The term equilibrium is derived from Latin word called "acqui" and "libra".Acqui means equal and libra means to balance .
Therefore equilibrium means equal balance .The dictionary defines the word equilibrium as a situation in which various forces are in balance and this also describe a market equilibrium .In physics the equilibrium refers to the state of balance . In lucid word equilibrium is a position in which no further change is possible .
                    There is one point called market equilibrium . At equilibrium price the quantity supplied equals the quantity demanded .At equilibrium price the amount of goods that buyers desire to buy is exactly balances the amount that seller desire to sell .It is sometimes called market clearing price as at this price everybody in the market has been satisfied