Question

When there is excess demand, there is _____. user: an equilibrium a price floor excess supply disequilibrium user: when there is excess demand, there is _____. an equilibrium a price floor excess supply disequilibrium?

Answer 1

>>>disequilibrium

Step-by-step explanation:

When there is excess demand, there is _____.

>>>disequilibrium

excess supply

a price floor

an equilibrium

Answer 2

I think the correct answer for the first blank would be a disequilibrium. Having excess demand, the balance between the supply and the demand would be disturb and would be not in equilibrium. In this case, the government would be establishing a price ceiling so as to protect the consumers.