A farmer whose production exceeds point C will experience

A farmer whose production exceeds point C will experience

Answer Details

A farmer whose production exceeds point C will experience a surplus to the market. In economics, point C represents the equilibrium point where the supply of a product matches the demand for that product. If a farmer's production exceeds this equilibrium point, it means that they are producing more than what is demanded in the market. This surplus will result in a decrease in the price of the product, as the farmer tries to sell the excess supply. This decrease in price could lead to a decrease in revenue generated for the farmer. However, if the farmer can find alternative markets or ways to store the excess supply, they can still make a profit from the surplus. In some cases, a surplus could also lead to a decrease in the cost of production, as the farmer tries to reduce their expenses to maintain profitability. Nonetheless, a surplus to the market is generally considered better than a shortfall in supply, as it means that there is an abundance of the product available for consumers.