Jessica is a sophomore who wants to make some cash money by selling ice cream.
Jessica's Ice Cream
She sells ice cream for $3 a piece in front of a bus stop, starting at 10 o’clock in the morning.
In the beginning, nobody is interested in her ice cream. Jessica is frustrated and starts eating her ice cream.
The passengers see her eat and start buying her ice cream. As more and more people purchase Jessica’s ice cream, she decides to increase the price to $5 a piece.
Jessica decides to go and get more ice cream.When she comes back, the consumers have formed a line for her ice cream because the weather is getting hot. Jessica continues raising the price as the demand is high.
Eventually, the price becomes too high that the consumers decide that it is not worthy. Also, it is getting darker and colder. Jessica now has plenty of ice cream.She is forced to drop the price in order to sell all the surplus products.