In a standard supply and demand graph, what happens to the market equilibrium price when demand increases while supply remains constant?

When demand increases while supply stays the same, the market equilibrium price goes up. This happens because more people want to buy the product, but there aren't more products available to sell. Imagine a popular toy that everyone wants for a holiday; if the store has only a few in stock, more buyers will compete to get one, driving the price higher. The intersection point on the supply and demand graph shifts, showing that at the new, higher price, the quantity demanded is now equal to the quantity supplied. This change helps sellers earn more money while also reflecting the increased value of the item due to higher demand.