Final answer:
If the price of a good is too high, it generally leads to excess supply, where the supply exceeds demand and inventory remains unsold, potentially creating frustration among buyers who consider the price too steep.
Step-by-step explanation:
When the price of a good is too high, we typically see excess supply. This is a situation where the quantity supplied exceeds the quantity demanded because the high price discourages buyers. Unlike a scenario where there's a shortage due to a price being below equilibrium, causing excess demand and long lineups at places like gas stations, a high price often leads to unsold inventory and potentially frustrated buyers who are not willing or able to purchase at such high prices.