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

A product surplus will occur.

Explanation:

When the price of a product is balanced, there is a balance between supply and demand for that product. In this case, all the product produced is purchased, not allowing for a product overage or surplus.

However, a price outside the equilibrium price will interfere with product availability. This is because when the price is below the equilibrium price (the price is very cheap) the demand for this product will be higher than its production and there will be a shortage of the product in the market. On the other hand, if the price is above the equilibrium price (the price is too expensive) people will stop buying the product, the demand in this case will be less than the supply and there will be a surplus of the product.

no the answer is c only objects touching the earth's surface can be acted upon by an outside force

marginal cost is a microeconomic measure that us to evaluate the extent to which the level of production of a good is sustainable in accounting, that is, to how many quantities the company plans to profit from the production of the good.

the concept of marginal cost is simple, it means the cost of producing one more item. for example, in the case of pies, the marginal cost is the cost of producing one more pie than those that have already been produced.

it is important to understand that productive activity influences marginal cost. the marginal cost of some goods can be very high, while others may be insignificant. for example, the marginal cost of producing an extra plane is very high. already the marginal cost of a water company to provide 1l more water is derisory.

in the case of pies, the cost involves the inputs, the labor and the fixed cost, which involves the fixed space of the bakery. the level of production initially has the marginal cost decreasing because there is space and manpower available. however, to produce more you have to hire more workers and buy more inputs. if physical space is limited, workers will conflict with places, inputs and their productivity will decrease, meaning there is an optimum point of production for each level of space and manpower. from this point on, the productivity of the workers will be getting smaller because of lack of space, so that the marginal cost of producing one more pie will be increasing. so, although you have not posted the chart, but if you have the answer, you can see that my explanation goes according to the marginal cost curve that will increase from the 4th pie, answer (c).