Will happen if the market is in a disequilibrium of Excess demand?

When the market is in a state of excess demand, it means that the quantity of goods or services demanded exceeds the quantity supplied at the current price. This situation typically leads to upward pressure on prices, as consumers compete to purchase the limited available goods. As prices rise, suppliers may be incentivized to increase production, eventually moving the market back toward equilibrium. However, if the excess demand persists, it can result in shortages and potentially lead to long-term inflationary pressures.