For each option below, determine what happens to the equilibrium price and equilibrium quantity using the supply and demand model of themarket for movie tickets.Determine...

(A)how either demand or supply of movie tickets will shift, and

(B) identify any results on price and quantity of movie tickets, ceteris paribus.

Be specific in your use of economic terminology. You do not have to draw the graphs, but you may do so if you wish.

1. People think it is unsafe to sit in a movie theater due to medical advice on avoiding the Covid19 virus.
2. The technology used to produce films lunges forward. This advance cuts the time it takes to edit and render a movie in half.
3. There is a trend to change movie theaters into online classrooms, so the number of movie theaters actually showing movies tickets decreases.
4. Researchers announce that people who eat movie popcorn live longer.