asked 5.1k views
3 votes
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.

2 Answers

4 votes

Answer:

there will be a shortage. C

Step-by-step explanation:

answered
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:

answered
User Amyassin
by
8.4k points
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