1.Supply and demand meet.
2.Supply is less than demand.
3.Supply and demand set prices.
4.Supply is greater than demand.
5.Supply and demand set production.
Answer:- 2.Supply is less than demand.
During disequilibrium supply is lesser than demand or supply is better than demand.
The market is feeling the imbalance when the market price is above or underneath the equilibrium price, consequently disequilibrium refers to the moment when the number of supplies does not equivalent the quantity of demand. Consequently that, during disequilibrium supply is lesser than demand, that would result in scarcity or supply is superior than demand as well and would result in surplus. Consequently, option 2 and 4 are the correct ones.
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