Question

According to this table, what will happen when the price of a pair of shoes rises from $100 to $125? The cost to make a pair of shoes will rise. A scarcity of shoes will result. Profits from selling shoes will increase. Consumers will want to buy fewer pairs of shoes.

Answer 1

Increase in price due to increase of demand. But that doesn't seem to be an option so I would go with the last option.

Answer 2

I believe the answer is: Consumers will want to buy fewer pairs of shoes.

When a price of a certain product increases, more consumers would feel that the sacrifice that they need to make to obtain that product become heavier.
This would make them reduce the usage of the products and allocate their income to buy something else.