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.
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.