Ask Question
30 September, 01:44

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.

+3
Answers (2)
  1. 30 September, 01:52
    0
    there will be a shortage. C
  2. 30 September, 01:56
    0
    Answer: C.) there will be a shortage bc if it goes higher more people will buy it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your 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 ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers