In January, 2,500 quarts of ice cream are sold in Boston at $2.50 a quart.In February, 3,000 quarts are sold at $2.00 a quart.This change in quantity sold and price may have been caused by
A)a reduction in wages in the Boston area.
B)the introduction of labor-saving automated ice cream-packing machinery.
C)the release of a medical study showing that ice cream consumption improves mental health.
D)the decision by Boston ice cream sellers to eliminate discount coupons.

Question

Quizplus · Accepted Answer

The change in quantity sold and price may have been caused by the introduction of labor-saving automated ice cream-packing machinery. This would reduce the cost of production and allow sellers to offer lower prices, which could potentially increase demand and sales.

In January, 2,500 Quarts of Ice Cream Are Sold in Boston