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In a graph similar to Figure 9.5, what would be the effect on league salaries of a decrease in television revenues due to fan preferences
In a graph similar to Figure 9.5, what would be the effect on league salaries of a decrease in television revenues due to fan preferences for drama shows? Question 17 options: The demand curve shifts to the right (due to the increase in demand for output). The equilibrium quantity and wage both fall. The demand curve shifts to the left (due to the decrease in demand for output). The equilibrium quantity and wage both rise. The demand curve shifts to the left (due to the decrease in demand for output). The equilibrium quantity and wage both fall. The demand curve shifts to the right (due to the increase in demand for output). The equilibrium quantity and wage both rise
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