The coporate office gives demand curve to its ice cream shop franchises. At the price of $1.00 per scoop, 240 scoops per day can be sold.
a. Evaluate how many scoops could be sold per day at the price of .50 per scoop. Describe.
b. Evaluate how many scoops per day could be sold at the price of $1.50 per scoop. Describe.