An increase in the demand for a product will cause the

A) demand for and prices of the resources used to produce the product to increase.
B) demand for and prices of the resources used to produce the product to decrease.
C) demand for and prices of the resources used to produce the product to remain unchanged.
D) price of the product to decrease.

Product

Any item or service that is created through a process and is offered for sale to consumers.

Resources

Inputs used in the production of goods and services, such as labor, capital, land, and technology.

Prices

The monetary values attached to goods, services, or resources, determined by factors like supply, demand, production cost, and market conditions.