Refer to Figure 19.2.1 above. During a snow storm,

A) the price of shovels and the quantity demanded increase.
B) the price of shovels increases, but the quantity sold remains at its initial level, Q₁.
C) the quantity of shovels increases, but the price remains at $20.
D) the price of shovels settles at $40 and the quantity demanded decreases.

Snow Storm

A severe weather condition characterized by heavy snowfall, often accompanied by strong winds and chilling temperatures, impacting daily activities and transportation.

Shovels Price

The amount of money required to purchase a shovel, reflecting its market value.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.