Disequilibrium does not exist when
A) there is a shortage.
B) there is a surplus.
C) the existing price is above the equilibrium price.
D) the existing price is below the equilibrium price.
E) quantity demanded and quantity supplied are equal.
Correct Answer:
Verified
Q79: If farmers believe that it is more
Q80: Q81: If a smaller quantity is supplied at Q82: When economists say that the supply of Q83: From a point of equilibrium, which of Q85: At the equilibrium price, Q86: Which of the following statements is true Q87: In which of the following statements are
A) there is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents