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CAIE IGCSE Economics 2.4.3 Market Disequilibrium Questions

Practise Cambridge IGCSE Economics by analysing shortages and surpluses and explaining how price changes restore market equilibrium.

Syllabus
2027–2029
Course
Economics 0455

Exam points

  • Define market disequilibrium as a situation where quantity demanded differs from quantity supplied.
  • Explain shortages and surpluses using demand and supply schedules or diagrams.
  • Explain how price changes eliminate a market shortage or surplus.

CAIE IGCSE Economics 2.4.3 Market Disequilibrium Questions question 1

[Maximum number: 1]

The diagram shows the market for a product.

Figure for Question CAIE IGCSE Economics 2.4.3 Market Disequilibrium Questions question 1 — CAIE IGCSE Economics

Which distance shows a market disequilibrium caused by excess supply?

A

U to V

B

∪\cup to X

C

V to W

D

X to W

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