Multiple Choice
Which of the following shifts the demand curve for movies leftward?
A) An increase in incomes, assuming movies are a normal good.
B) A decrease in the price of Netflix, a substitute for movies.
C) An increase in the price of movie tickets.
D) A decrease in the price of movie tickets.
E) An increase in movie star salaries.
Correct Answer:
Verified
Correct Answer:
Verified
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