Which of the following describes a situation in which the price of a good would rise?
A. A new technology allows producers to increase supply very quickly.
B. Scarce natural resources make it more difficult for producers to keep up with demand.
C. Consumers start using less of a good because more substitutes are available.
D. Production is increased in order to catch up with a sudden rise in demand.
Less resources make it more competitive to obtain the resources driving up the costs.
The expenses of manufacturing a product goes up the profits of this product will decrease for the business which would diminish the market attractiveness to investors creating less suppliers in this market.
