If the demand for a product is greater than the supply of that same product, then there is

a.A rise in the supply of a good will result

b.a shortage of the product in the market

c.equilibrium of the product in the market

d.surplus of the product in the market

At the intersection of demand and supply curves, what happens to both the price and the quantity?

a.they possess economical similarities

b.they are equal

c.all of the above

d.they can only be almost equal but not absolutely equal