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Both excess supply and excess demand are a result of
equilibrium
disequilibrium
overproduction.
elasticity

Respuesta :

Answer:

disequilibrium

Explanation:

Disequilibrium is the state of the market when the external and internal forces are stopping from achieving the market balance, so the market is excessively falling out this balance. It can be short-term, or long-term

Disequilibrium happens when the supply is not equal to the demand, when the market is inequal, it can lead to excess supply and excess demand.

Excess demand and excess supply only affect the market as a result of disequilibrium.

What is Disequilibrium?

  • This is a scenario where the quantity supplied does not match the quantity demanded at a given price.
  • Leads to a lost of balance in economy as well as price problems.

When the demand is not enough to meet the supply, this disequilibrium is called excess supply. The reverse is excess demand.

In conclusion, option B is correct.

Find out more on disequilibrium at https://brainly.com/question/657854.