In many chemical reactions the reactants are converted into products and then the reaction stops. For example: 2Mg + O2 → 2MgO In this reaction, once the magnesium oxide has formed, it cannot go ...

Dynamic Equilibrium Examples To take a simple example, the market price of rice remaining stable over time despite increasing supply and increasing demand would be a dynamic equilibrium.

Merton, Robert C. "A Dynamic General Equilibrium Model of the Asset Market and Its Application to the Pricing of the Capital Structure of the Firm." Sloan School of Management Working Paper, No.