Supply and Demand are not in equilibrium
Dear OTA,
Describe what happens to a market when Supply and Demand are not in equilibrium. List two examples when you observed the "disequilibria" of supply and demand in a market, and what caused the market to come to equilibrium, if indeed it did.
© BrainMass Inc. brainmass.com March 4, 2021, 5:54 pm ad1c9bdddfhttps://brainmass.com/economics/demand-supply/supply-and-demand-are-not-in-equilibrium-17181
Solution Preview
When Supply and Demand are not in equilibrium, excess demand or excess supply will come into place.
<br>1. When the total demand is greater than the aggregate supply, there is an excess demand. For example, a sudden increase in government spending ...
Solution Summary
List two examples when you observed the "disequilibria" of supply and demand in a market, and what caused the market to come to equilibrium, if indeed it did.
$2.49