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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.
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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.

User Alex Granovsky
by
8.4k points

2 Answers

4 votes

Answer:

there will be a shortage. C

Step-by-step explanation:

User Sarine
by
7.7k points
1 vote

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

Step-by-step explanation:

User Amyassin
by
8.4k points
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