provisional equilibrium References provisional equilibrium economics Ask Anything Homework Help Written by The Information Architects of Encyclopaedia Britannica The Information Architects maintain a master list of the topics included in the corpus of Encyclopædia Britannica, and create and manage the relationships between them. The Information Architects of Encyclopaedia Britannica Britannica AI Ask Anything Learn about this topic in these articles: monopoly and competition/ Perfect competitionThis way of reaching a provisional equilibrium price is what the Scottish economist and philosopher Adam Smith (1723–90) described when he wrote of prices being determined by “the invisible hand” of the market. Read MoreThis way of reaching a provisional equilibrium price is what the Scottish economist and philosopher Adam Smith (1723–90) described when he wrote of prices being determined by “the invisible hand” of the market. Read More
