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Tragamin Tragamin
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Gina used to spend $120 a month at the movies. After the most recent price rise, Gina is now spending $110 a month at the movies. This tells us that Gina's demand for movies is ________ because her total spending on movies ________.
A) inelastic; increased
B) elastic; decreased
C) unit elastic; remained unchanged
D) elastic; increased
E) inelastic; decreased
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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AryanAryan
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Anonymous
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10 months ago
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