Question

all else equal, if the equilibrium price is set below the equilibrium price, there will be which of the following? an upward sloping demand curve excess supply excess demand a downward sloping supply curve

Explanation:

When a price is set below the market equilibrium price, quantity demanded by consumers (who want more of the good at the lower price) exceeds the quantity supplied by producers (who want to sell less at the lower price). This creates a shortage, which is defined as excess demand. Demand curves are always downward sloping and supply curves upward sloping regardless of price controls, so those options are incorrect. Excess supply occurs when price is set above equilibrium.

Answer:

excess demand