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.
India has a limited government because the constitution of the country puts restraints on the government's power.
The statement is "True".
It is normal, when tuning in to another person talk, to
figure an answer while the other individual is as yet talking. This implies the
individual is not by any stretch of the imagination tuning in to all that is
being said. Even good audience members are regularly blameworthy of
fundamentally assessing what is being said before completely understanding the
message that the speaker is attempting to convey. The outcome is that
suspicions are made and conclusions came to about the speaker's implying that
may be incorrect.
What gender you are attracted to, <span>a person's sexual identity in relation to the gender to which they are attracted; the fact of being heterosexual, homosexual, or bisexual.</span>
