A Surplus of a Product in a Market Signals That

A surplus of a product in a market signals that the price charged in the market is:

A) above the equilibrium price, and the quantity demanded is less than the quantity supplied.
B) below the equilibrium price, and the quantity demanded is less than the quantity supplied.
C) above the equilibrium price, and the quantity demanded is greater than the quantity supplied.
D) below the equilibrium price, and the quantity demanded is greater than the quantity supplied.