The water cycle, also known as the hydrologic cycle, refers to the continuous movement that water makes through the physical environment and the living beings of the ecosystem, passing through the atmosphere, hydrosphere, lithosphere and biosphere. It is therefore an important biogeochemical cycle that makes this indispensable natural resource constantly in the environment.
This is because of the way the tectonic plates that are in the pacific ocean. They are the most active in all of the oceans of the world. They are constantly shifting which leads to the cause of earthquakes.
Equilibrium price is determined through the balance between the quality of the good or service being supplied and its demand in the market (wit6hout external influence such as from government). If the market price is set higher than the equilibrium price, then the good or service will be taken up more by the market than it can be replenished by the supplier/manufacturers hence creating a shortage in the market.