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A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2020 · Q91 Mark

What must be correct when the free market for a good is in disequilibrium?

AConsumers can buy all of the good that they demand at the market price.
BProducers can sell all of the good that they supply at the market price.
CThe market price of the good will not change.
DThe quantity of the good demanded differs from the quantity supplied.

✓ Correct answer

D: The quantity of the good demanded differs from the quantity supplied.

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2020 Paper 1 Variant 2, question 9.

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