Question

how can the concept of knowledge be used to develop a disequilibrium theory?

Answer 1

Disequilibrium means : Disequilibrium is a situation where internal and/or external forces prevent market equilibrium form being reached or cause the market to fall out of balance. This can be a short- term byproduct of a chenge in variable factors or a result of long structural imbalances.

THE CONCEPT OF KNOWLEDGE BE USED TO DEVELOP A DIS EQUILIBRIUM THEORY.

The Disequilibrium is refers toour inability to fit new informtion into our schema. When you come across information or experiences that do not fit into your current knowledge base,this is where disequilibrium begins. What if you encounter an animal that walks like a duck and acts like aduck,but it has along, furry tail?You know that ducks have beaks and webbed feet, but the furry tail throws you for a loop. This is where diseqilibrium sets in because this new thing does not fit into what you already know about ducks.