both excess supply and excess demand are a result of\n equilibrium.\n disequilibrium.\n overproduction.\n…

both excess supply and excess demand are a result of\n equilibrium.\n disequilibrium.\n overproduction.\n elasticity.
Answer
Brief Explanations:
Excess supply and excess demand occur when the market is not in equilibrium, which is a state of disequilibrium. Over - production is related to excess supply but not the general cause of both excess supply and demand. Elasticity measures the responsiveness of quantity demanded or supplied to changes in price and is not the cause of excess supply and demand.
Answer:
B. disequilibrium.