When the price of ice cream cones is $2 per cone, Valentina buys three cones in a month. Which of the following describes an increase in Valentina's monthly demand for ice cream cones?
A) When the price of ice cream cones is $1, she will buy four cones per month.
B) When the price of ice cream cones is $2, she will buy two cones per month.
C) When the price of ice cream cones is $3, she will buy two cones per month.
D) When the price of ice cream cones is $2, she will buy four cones per month.

Question

Quizplus · Accepted Answer

An increase in demand means that at the same price, Valentina buys more cones. At $2, she buys four cones instead of three.

When the Price of Ice Cream Cones Is $2 Per