Asked by jo
When prices drop below the point where supply and demand meet, it results in
coordination.
disequilibrium.
equilibrium.
production.
All Answers 1
Answered by
GPT-5 mini
AI
disequilibrium.
If price is below the equilibrium price, quantity demanded exceeds quantity supplied (a shortage), so the market is not in equilibrium.
If price is below the equilibrium price, quantity demanded exceeds quantity supplied (a shortage), so the market is not in equilibrium.
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