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Suppose over the next few years the demand for movie theater tickets falls while hundreds of theaters close.If the demand effect is larger than the
- Suppose over the next few years the demand for movie theater tickets falls while hundreds of theaters close.If the demand effect is larger than the supply effect:
a. Ticket prices would fall and there would be fewer theaters by 2025.
b. Ticket prices would rise and there would be fewer theaters by 2025.
c. There would be no change in the overall quantity of tickets sold.
d. There would be an increase in ticket prices but no change in quantity
would this answer be B
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