On April $30,2021,$ The Wall Street Journal reported in the article "From Tablets to Sex Toys,

the Chip Shortage Is Far$-$Reaching:"

The global chip shortage hobbled auto makers world$-$wide. Now, other industries are feeling

the squeeze.

It has hit makers of home appliances, heavy$-$equipment, servers and sex toys. It is

confounding multinationals to startups. Even companies that don't use chips as their core

business, such as freight operators and retailers, find themselves affected. The scarcity means

higher price tags for consumers, longer waits for goods, empty store shelves and swaths of

the business world racing to secure whatever supply they can.

Refer to the text above to answer the following eight questions. What do $$empty store shelves$$ suggest about the market conditions for chips?

Group of answer choices

The price of chips is too high.

The supply of chips is too low.

The price of chips is too low.

The demand for chips is too high.