If many buyers want a good or service that is in low supply, the price will most likely increase.
The correct answer is "increase." When many buyers want a good or service that is in low supply, there is high demand and limited availability. In this situation, sellers can charge higher prices because they know that buyers are willing to pay more to obtain the limited supply. This increase in price is a result of the market forces of supply and demand. To arrive at this answer, one needs to understand the fundamental concept of supply and demand in economics.
