1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
3 years ago
14

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

Social Studies
1 answer:
Sonbull [250]3 years ago
8 0

If the price of a product is higher than the equilibrium, there will be a surplus.

Option: A

Explanation:

Market equilibrium is reached when demand and supply curve intersect means there is an equal balance between demand and supply of the product in market. When the price of a product is higher than the equilibrium there will be a surplus of the product.

When producer produced enough product in comparison with demand what will happen? Producer will obviously sell his product in lower prices to make his stock clear. And when he lowers the price of product it will create huge demand means surplus of the product in the market.

You might be interested in
People sometimes say, "If you don't vote, you have no right to complain about a government" Do you think it's true?​
ioda

Answer:

No

Explanation:

I think it is not true because it is peoples choice if they want to vote or not. And even though they don't vote it doesn't mean that they are not a part of the country because they will still be citizens and should fight over there rights.

6 0
2 years ago
Read 2 more answers
Which of the statements is true about reserved and concurrent powers?
zysi [14]

Answer:

C, I hope this helped if it didn't  I am not the best with politics so. I am just thinking C.

Explanation:

8 0
2 years ago
Which statement describes how World War I affected those on the home front?(1 point)
Zanzabum
The war led to inflation and many poorer families could not afford the increase in food prices. The impact of the German U-boat campaign also led to food shortages and this hit home when rationing was brought in by the government in February 1918.Mar 6, 2015
8 0
2 years ago
Which Latin American independence leader wrote the constitution for Bolia that gave the president lifetime term
Jobisdone [24]
Simon bolivar is the name
4 0
3 years ago
Why was the rana regime called the autocratic family rule?​
myrzilka [38]

Answer:

because rana regime had got the power from the time junga bahadur became the president and other members also misused his power and other family members also learnt it.

5 0
3 years ago
Other questions:
  • Michelle notices her brother Mark eating a second piece of chocolate from a box of candy. Because he rarely eats candy of any ki
    11·1 answer
  • What make your school a fine school
    7·1 answer
  • Which technology development led to an increase demand slave in the United States during the early to mid 1800
    11·1 answer
  • An 8-person committee is to be formed from a group of 15 women and 12 men. In how many ways can the committee be formed if the c
    9·1 answer
  • "In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been a
    10·1 answer
  • Write a three-page personal essay (about 1000 to 1500 words) about a time when you failed at something but learned a valuable le
    5·1 answer
  • The geography of the arabian peninsula most likely led to
    8·1 answer
  • Steps
    10·1 answer
  • Which task did older boys in Native American families do with their fathers? (1 points)
    13·1 answer
  • B Name a fuel which is stored in tanks and used in cars.​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!