Question

Last month, ice cream cost $7 a gallon. This month, consumers are willing to pay $8 a gallon.
What will probably happen to the quantity of ice cream supplied?
will it go up or go down?

Answer 1

Answer:

The quality of the supplied ice cream will increase due to the increasing sales consumers want to pay for.

Explanation:

It will only go down when consumers wanted to pay less, but for this situation it will go up over time in which there will be more supply for a gallon of ice cream.