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Meaning of partial equilibrium | Babel Free

Noun CEFR B2

Definitions

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.

uncountable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

partial evaluation partial false friend partial fraction partial function partial indulgence partial object

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