Question

If the price of a product is higher than the equilibrium, what will occur?

A. There will be a surplus.
B. There will be deflation.
C. There will be a shortage.
D. There will be unemployment.

Answer 1

Answer: C.) there will be a shortage bc if it goes higher more people will buy it.

Explanation:

Answer 2

Answer:

there will be a shortage. C

Explanation: