Which occurs during disequilibrium? check all that apply.


Asked by wiki @ in History viewed by 1127 People


1.Supply and demand meet.
2.Supply is less than demand.
3.Supply and demand set prices.
4.Supply is greater than demand.
5.Supply and demand set production.

Answered by wiki @


Disequilibrium means that either supply is greater than the demand for an available good, or that the demand for a product outstrips the available supply. It implies that the price for a is either too low creating large demand, or too high creating a large surplus of supply.

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