If there is excess demand in a market, then this suggests that:
A)there is no way to help some people without harming others.
B)there is an opportunity for mutually beneficial trades.
C)the market price is above the equilibrium price.
D)the market is in equilibrium.

Question

Quizplus · Accepted Answer

A market that is out of equilibrium is a market in which some mutually beneficial trades remain.

If There Is Excess Demand in a Market, Then This