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A ski resort installs a new chairlift, making the resort more attractive to skiers but also increasing the costs of operating the resort on a

A ski resort installs a new chairlift, making the resort more attractive to skiers but also increasing the costs of operating the resort on a given day. What is the impact on the market for tickets to the ski resort? Price increases, and the impact on quantity cannot be determined. Price decreases, and the impact on quantity cannot be determined. Quantity increases, and the impact on price cannot be determined. Quantity decreases, and the impact on price cannot be determined

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