Question

if your company has very few competitors but strong demand, that means the supply is low and your selling price should be _______. (select the best answer.)
variable
low
high
a price ceiling

Explanation:

In business (specifically Economics, part of Business discipline), the law of supply and demand states that when supply is low and demand is strong (with few competitors, so less supply from others), prices tend to be high as consumers are willing to pay more due to limited availability. "Variable" is too vague, "Low" contradicts the demand - supply logic, and "A price ceiling" is a government - imposed limit, not related to this market situation.

Answer:

C. High