If the price of ice-cold drinks is reduced during the summer months in Toronto, which of the following is likely to occur? (The ice-cold drinks follows a normal downward sloping demand curve). Question 32 options: No difference in the sales of ice-cold drinks as there is a limit to how much people can drink ice-cold drinks. Increased demand for ice-cold drinks but with no change in supply of the same, there will be a surplus supply situation Increased demand for ice-cold drinks Increased demand for ice-cold drinks and no change in supply of ice-cold drinks