Question

If there is an increase in demand for a product, and that is the only thing that changes, what will that do to the price of the product?

Answer 1

I believe that the price will rise.
Hope this helps!

Answer 2

Price will also increase.

Step-by-step explanation:

If there is an increase in demand for a product, keeping other factors constant, price of product will also rise. According price demand curve demand of a product and price of product in direct proportional relationship with each other. So as demand of any product increases, its price will also increase simultaneously.