ABSTRACT
Normal equilibrium shows the same characteristics as those of all other kinds of equilibrium: intersection of declining and ascending curves, equality of amounts exchanged, balance of opposing forces. Nevertheless, A. Marshall tries to arrive at some kind of equilibrium which includes the law of increasing returns. He states that there is an essential difference between the theory of stable equilibrium of normal demand and supply on the one hand, and the problems of organic growth on the other. Marshall implies that equilibrium can be accompanied by maximum social satisfaction if income and wealth are equally distributed and if, therefore, the marginal utility of money is the same for everybody. Marshall assumes that the demand price at first exceeds the supply price, that is, that the quantities exchanged are to the left of the equilibrium position. The establishment of an equilibrium by the individual presupposes the possibility of maximizing utility, satisfaction and happiness.
