A market in disequilibrium would feature

Question

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A market in disequilibrium means that the market is not in balance. This can occur in two ways: excess supply or excess demand. Excess supply means that there is more supply than demand, resulting in unsold goods and a surplus. Excess demand means that there is more demand than supply, resulting in shortages and competition for available goods. Neither of these situations would result in a stable price or quantity, and consumers or firms may not be able to purchase or sell all they wish at the market price.

A Market in Disequilibrium Would Feature