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Peggy's Twist Shack Sells Soft-Serve Ice Cream

Question 151

Multiple Choice

Peggy's Twist Shack sells soft-serve ice cream.Peggy graphed the demand per week for vanilla ice cream cones.The graph indicates a demand schedule that slopes downward and to the right.This graph indicates that the quantity of vanilla ice cream cones demanded increases as:


A) cost increases
B) supply decreases
C) price increases
D) price decreases
E) supply increases

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