Which occurs during disequilibrium? Check all that apply. Supply and demand meet. Supply is less than demand. Supply and demand set prices. Supply is greater than demand. Supply and demand set production.

The market is experiencing a disequilibrium when the market price is above or below the equilibrium price, so disequilibrium refers to the moment when the quantity of supply does not equal the quantity of demand. So that, during disequilibrium supply is less than demand, which would result in shortage or supply is greater than demand as well and would lead to surplus.

So, option 2 and 4 are the correct ones.

Martebi Martebi · Answer 2 · 2021-12-16T10:22:54+01:00

The economy can be in a state of disequilibrium. The options that occurs during disequilibrium are Supply is less than demand and Supply is greater than demand.

Disequilibrium is simply known as when external forces leads to a disruption in a market's supply and demand equilibrium. When this happens, the market is said to be in a state in which supply and demand do not matched.

It often happens if the price was below the market equilibrium price making demand to be greater than supply. This can lead to a shortage. It often occur due to government controls, non-profit maximizing decisions etc.

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