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.
Answer:
It led to rapid expansion
Explanation:
Manifest destiny is the belief that Americans were destined to expand across North America.
Virginia was the first royal British colony in history. The name Virginia actually pays homage to Queen Elizabeth who was also known as "The Virgin Queen."
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