31.3k views
4 votes
What happens when a Market is at disequilibrium​

User Gustaf
by
3.7k points

2 Answers

3 votes

Answer:Disequilibrium refers to an imbalance between the quantity demanded and the quantity supplied, at a particular price. If the product is underpriced, it will cause a shortage (excess demand) and this will push up price, encouraging further supply until equilibrium is reached).

Step-by-step explanation:

User Deovandski
by
2.8k points
3 votes

Explanation:Disequilibrium refers to an imbalance between the quantity demanded and the quantity supplied, at a particular price. If the product is underpriced, it will cause a shortage (excess demand) and this will push up price, encouraging further supply until equilibrium is reached).

User Boddhisattva
by
4.0k points