Figure 4-1 Figure 4-1 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-1.What is the total amount that Kendra is willing to pay for 1 ice cream cone?

Question

Figure 4-1  Figure 4-1 shows Kendra's demand curve for ice cream cones.
-Refer to Figure 4-1.What is the total amount that Kendra is willing to pay for 1 ice cream cone?

Quizplus · Accepted Answer

Looking at the demand curve in Figure 4-1, the highest price Kendra is willing to pay for 1 ice cream cone is $3.50. Any price higher than $3.50 would result in Kendra no longer being willing to purchase an ice cream cone. Therefore, option B is the correct answer.

Figure 4-1 Figure 4-1 Shows Kendra's Demand Curve for Ice