If a price is below the equilibrium price it creates a... Shortage
Supply
Surplus
Market price

Shortage

Explanation:

The equilibrium price is the price at which the demand for a particular product and its supply is equal.

When the price of a good is below the equilibrium price for that good, this will more people demanding the good which will therefore lead to a situation where the quantity demanded is less than the quantity that is supplied. This leads to a situation called shortage.

answer; permissive;