Which of the following could NEVER be a feature of an unregulated market in a state of disequilibrium?
A) Excess supply.
B) A stable price.
C) Excess demand.
D) Changes in the equilibrium quantity.
E) A rising price.

Question

Quizplus · Accepted Answer

An unregulated market in a state of disequilibrium implies that the market is not in balance, meaning that the quantity demanded and quantity supplied are not equal. Therefore, excess supply or excess demand is possible, and changes in the equilibrium quantity can occur. A rising price can also occur if there is excess demand. However, a stable price is impossible in an unregulated market in a state of disequilibrium because excess supply or excess demand implies that there is either more or less supply than demand, leading to a shift in price.

Which of the Following Could NEVER Be a Feature of an Unregulated