If the demand for a product increases while the supply remains constant, what is likely to happen to the market price of that product?

When the demand for a product increases but the supply stays the same, the market price of that product is likely to rise. This happens because more people want to buy the product, but there isn't more of it available. For example, if a new video game becomes very popular and everyone wants to buy it, but the store only has a limited number of copies, the store can raise the price. As the price goes up, some people may decide they can't afford it or don’t want to pay that much, which can help balance the demand with the supply. Overall, higher demand with constant supply usually leads to higher prices in the market.