Day: December 23, 2021

Which statement about market disequilibrium is correct?

Select ONE answer:

1. Price is likely to change.
2. Supply is equal to demand.
3. The government must intervene.
4. There must be shortages.

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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