4
QuizMultiple Choice

Determining Market Price

Question 4 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

A car dealer who does not have enough customers for a supply of new cars faces

Answer
A
equilibrium.
B
disequilibrium.
C
coordination.
D
excess demand.

Explanation

If the dealer has more new cars available than customers who want to buy them, supply exceeds demand. That mismatch means the market is not at equilibrium, so the dealer faces disequilibrium. Excess demand is the opposite situation: customers want more cars than the dealer has.

AI-written and checked against the verified answer.

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