Question
While attendance at movie theaters is dramatically lower than in 2019 at the moment, movie theaters have not tried to cover their costs by increasing
While attendance at movie theaters is dramatically lower than in 2019 at the moment, movie theaters have not tried to cover their costs by increasing ticket prices. What does this say about demand for seeing a movie at the moment?
Group of answer choices
it is elastic
it is inelastic
neither
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
