Fewer People Are Going to the Movies Because Ticket Prices Are Just Too High, by David Stout

People are less likely to go to the movies because they think tickets are overpriced, according to analysts

Box office revenues in the U.S. nosedived last summer by 21 percent when compared to the same period

in 2013, and experts say high-ticket prices are the main culprit, according to consulting firm

PricewaterhouseCoopers (PwC).

In surveys conducted by the firm, 53 percent of respondents cited increasing ticket costs during the past

five years as one of the chief reasons why they opted to skip out on the cinema.

"Despite advanced technology, better seating, improved concessions and the return of 3D movies, the

negative of higher ticket prices is difficult to counter-act," said PwC in a report released this week.

Which curve shifted?ANSWERS:"Demand", "Supply", "Demand and Supply","None","Nothing is happening".

What happened to Demand?ANSWERS:"Movement along the curve", "Shift of the curve", "Nothing".

Was an increment or a decrease?(Referring to the demand)ANSWERS:"Increased", "Decreased", "N/A".

What happened to Supply?ANSWERS:"Movement along the curve", "Shift of the curve", "Nothing".

Was an increment or a decrease?(Referring to the supply)ANSWERS:"Increased", "Decreased", "N/A".

What would happen to the equilibrium price?ANSWERS:"Increased", "Decreased", "Not clear with the information provided"