When there is either an excess of demand or supply.
Below is set of diagrams to illustrate when an excess demand or supply can lead to a disequilibrium, as there is no longer a market price which causes the supply and demand to equalise.
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When there is either an excess of demand or supply.
Below is set of diagrams to illustrate when an excess demand or supply can lead to a disequilibrium, as there is no longer a market price which causes the supply and demand to equalise.
![]()