When the price of ice cream cones is $2 per cone, Celine buys three cones in a month. Which of the following describes an upward movement along Celine'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 upward movement along the demand curve occurs when the price increases and the quantity demanded decreases. Option C describes this scenario, where the price increases from $2 to $3, and Celine buys fewer cones (from three to two).

When the Price of Ice Cream Cones Is $2 Per