Multiple Choice
The estimated demand function for ice cream cones,
,is based on a sample of 50 children.If the price of an ice cream cone increases by $1,by how much does the quantity demanded of ice cream cones change on average?
A) Quantity demanded increases by 5.3
B) Quantity demanded decreases by 5.3
C) Quantity demanded decreases by 2.4
D) Quantity demanded increases by 2.4
Correct Answer:

Verified
Correct Answer:
Verified
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