The demand schedule shows the quantity demanded at each price. the demand curve, which graphs the demand schedule, shows how the guantity demanded of the good changes as its price varies, Because a lower price increases the quantity demanded, the demand curve slopes downward Ice-cream C85e 1. A decrease in price Price of Quantity of Ice-cream Cone Cones Demand $2.00 $0.00 0.50 1.00 8 1.50 0.50 2.00 2.50 3.00 0 Quantity of 2…. ncreases quantity of Ice-cream Cones FIGURE 1 cones demandedThe demand schedule Price of Ice-cream Cone Price of Ice-cream Cone Quantity of Cones Demand $0.00 0.50 1.00 1.50 2.00 2.50 3.00 12 10 8 6 4 2 0 Quantity of Ice-cream Cones 2....increases quantity of cones demanded 1. A decrease in price… $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 0 2 4 6 8 1 0 1 2 The demand schedule shows the quantity demanded at each price. the demand curve, which graphs the demand schedule, shows how the quantity demanded of the good changes as its price varies. Because a lower price increases the quantity demanded, the demand curve slopes downward. FIGURE 1