If the price of ice cream rose to $30 per gallon,consumers would purchase fewer gallons of ice cream than if the price were $4 per gallon.If the price of chocolate sauce fell to $0.50 per can,consumers would purchase more chocolate sauce than if the price were $5 per can.These relationships illustrate the

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The relationships described illustrate the law of demand, which states that as the price of a good increases, the quantity demanded of that good will decrease, and as the price of a good decreases, the quantity demanded of that good will increase.

If the Price of Ice Cream Rose to $30 Per