Question

there is an increase in price level of icecream from 12 $ to 20$ .do the icecream Lava increased their demand or not.​

Answer 1

Answer:

as the price of the iceream increased from 12$ to 20$ the demand for the icecream decreases.

Explanation:

Demand: The quantity of a commodity that a consumer is willing to buy and is able to afford,given prices of goods and consumer's taste and preferences is refered to as demand.

whenever one or more of these variable change, the quantity of the good chosen by the consumer is likely to change as well.

note: this can be a example for substitute goods.

hope you foun this helpful.