If Producers Incorrectly Set the Price of Their Product Too

If producers incorrectly set the price of their product too low a:

A) shortage will result and consumers will bid the price down to equilibrium.
B) surplus will result and excess goods in inventory will signal the producers to lower their prices.
C) shortage will result and consumers will bid the price up to equilibrium.
D) surplus will result and excess goods in inventory will signal the producers to restrict output until sales increase.