21
QuizMultiple Choice

2.3 Determining Market Price

Question 21 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Disequilibrium occurs when

Answer
A
quantity supplied is equal to quantity demanded.
B
quantity supplied does not equal quantity demanded.
C
supply coordinates with price.
D
supply coordinates with quantity.

Explanation

Disequilibrium occurs when the quantity buyers want differs from the quantity sellers offer at a given price. If quantity supplied equals quantity demanded, the market is in equilibrium, so choice A describes equilibrium instead. Therefore, the correct choice is “quantity supplied does not equal quantity demanded.”

AI-written and checked against the verified answer.

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