Disequilibrium | lower than equilibrium price | Shortage | price ceiling

In this video, I have explained the Disequilibrium and it's factors. Further I have discussed the price- lower than equilibrium which creates shortage of the product in the market, where the quantity demanded by the consumers is greater than the quantity supplied by the suppliers. I have also explained the price ceiling and it's mechanism, which results in shortage as well.

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Demand Function | Factors influencing demand | Normal, Inferior, Substitute, Complementary goods


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Individual Vs Market Demand Curves | Graphical illustration of Individual Vs Market Demand Curve


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Supply Curve| Change in Quantity Supplied Vs Change in Supply| Linear Supply Function


Equilibrium | Graphical illustration of Equilibrium| Equilibrium price | Equilibrium quantity


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