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Resolve the following statement: The price of ice cream increases in the summer, yet the quantity also increases; therefore, the law demand does not apply
Resolve the following statement:"The price of ice cream increases in the summer, yet the quantity also increases; therefore, the law demand does not apply to ice cream."(The manufacturers know that ice cream sales will go up, so they manufacture more to prepare for an increase in sales because the temperature of the season is influencing what makes up the demand curve, "Ceteris Paribus" and the difference between moving along the curve and shifting of a curve.)
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