Assertion: partial equilibrium | /r/CapableOf | take a part of the market
Facets:
value: into consideration
type: OTHER
Source sentences:
text: While general equilibrium refers to the whole economy, where demand is equal to the supply of every single good and service in every market, partial equilibrium takes into consideration only a part of the market.
text: Partial equilibrium, as the name suggests, takes into consideration only a part of the market to attain equilibrium.