A market is said to be in disequilibrium if

Question

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A market is said to be in equilibrium when the demand and supply are equal. However, if there is a surplus (when the quantity supplied exceeds the quantity demanded) or a shortage (when the quantity demanded exceeds the quantity supplied), the market is said to be in disequilibrium. Option B describes a situation where individuals are unable to afford the units they are willing to buy, which is not specific to disequilibrium. Option C is not related to the concept of equilibrium or disequilibrium.

A Market Is Said to Be in Disequilibrium If