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

There will be a surplus.

There will be deflation.

There will be a shortage.

There will be unemployment.

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.

the correct answer is "c": the pillars proclaimed his regret at the bloodshed at the battle of kalinga and his conversion to buddhism.

the kalinga war is considered as one of the largest battles in the history of india. it was fought between the between the maurya empire, which ruled the lands of what is now known as india at the time, and the independent feudal kingdom of kalinga.

the army of maurya empire, led by its king ashoka, fought a prolonged war against kalinga. the war ended around 262 bce with the victory of the maurya empire. it is believed that ashoka, after having witnessed the loss of many lives during this war, felt deep responsibility and eventually converted into buddhism.

your answer is "graduates" hope this