Consider the markets for film-streaming services, TVs and cinema tickets. a For each pair, identify whether they

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Consider the markets for film-streaming services, TVs and cinema tickets.

a For each pair, identify whether they are complements or substitutes.

– film-streaming services and TVs

– film-streaming services and cinema tickets

– TVs and cinema tickets b Suppose a technological advance reduces the cost of manufacturing TVs. Draw a diagram to show what happens in the market for TVs.

c Draw two more diagrams to show how the change in the market for TV screens affects the markets for film-streaming services and cinema tickets.

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Advanced Macroeconomics

ISBN: 9780415205504

3rd Edition

Authors: David Romer

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Question Posted: Nov 14, 2024 03:00 AM

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Consider the markets for film-streaming services, TVs and cinema tickets. a For each pair, identify whether they

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Advanced Macroeconomics

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