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wrote...
Posts: 4132
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4 years ago
If movie theaters began collecting more gross income from ticket sales after lowering ticket prices, we would know
A) movie patrons were not behaving consistently with the law of demand.
B) movie quality must have increased.
C) the demand for movie tickets was elastic.
D) the demand for movie tickets was inelastic.
E) the supply of movies had increased.
Textbook 

The Economic Way of Thinking

Edition: 13th
Authors:
Read 206 times
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wrote...
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Posts: 1989
4 years ago
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wrote...
3 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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3 years ago
Another success story!

I'm proud Smiling Face with Glasses
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