An increase in product price will cause:

A) quantity demanded to decrease.
B) quantity supplied to decrease.
C) quantity demanded to increase.
D) the supply curve to shift to the left.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level and at a given time.

Quantity Supplied

Quantity supplied refers to the amount of a good or service that producers are willing and able to sell at a given price over a specific period.