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Tricky one.....The market in question is Edwards Cinema (a chain). Edwards Cinema has raised their movie ticket prices to $16. Cinema City?s (a different chain)

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  1. Tricky one.....The market in question is Edwards Cinema (a chain). Edwards Cinema has raised their movie ticket prices to $16. Cinema City?s (a different chain) prices have stayed the same. What do you expect to happen to the demand for Edwards Cinema?+
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