Which of these situations describe an equilibrium, and which does not? Explain why or why not for each scenario. If not, what would an equilibrium look like - that is, what changes would occur to get to a stable equilibrium? Remember that the definition of equilibrium means, in part, that there are no forces that push/pull a change from the current described state. o. You need to pick up milk on the way home today. It costs $3.22 a gallon in Walmart, which is really busy this time of day. It costs $4.19 at the local gas station convenience store. o Every business major must take a special capstone class, BUS 400, at the local university. This semester, 2 sections are offered, which meet at the same time, in adjoining classrooms and are taught by equally competent and liked instructors. Bus 400 section 1 is overcrowded with people sitting on the floor and unable to see the board. Section 2, right next door, has many empty seats. o Many people regularly commute to go to work in a big regional shopping area. Due to traffic congestion, the trip takes 45 minutes when you travel by the main highway, and 30 when you go by side streets.