Which of the following is most likely to cause the demand for ice cream, a normal good, to decrease?

Question

Quizplus · Accepted Answer

Ice cream is a normal good, meaning that as income increases, the demand for ice cream increases. Therefore, a decrease in consumer income would reduce demand for ice cream. The other options are unlikely to decrease demand: A decrease in the price of ice cream or an increase in the number of consumers would increase demand, while a decrease in the price of milk may lower production costs for ice cream manufacturers and lead to an increase in supply, but not necessarily a decrease in demand. Warmer weather may increase demand for ice cream.

Which of the Following Is Most Likely to Cause the Demand