Multiple Choice
If the price of movie tickets doubles, then:
A) the demand for DVDs is likely to increase.
B) the price of DVDs is likely to decrease.
C) the quantity of movie tickets sold is likely to increase.
D) More popcorn will be sold
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Many products come with a warning about
Q17: According to Ronald Coase, for a free-market
Q18: Assume the demand function for basketballs is
Q19: Assume Pollutex Inc. produces paper in its
Q21: Externalities exist when the actions of one
Q23: A price ceiling will usually:<br>A) shift both
Q24: A business manager has to decide whether
Q25: Currently XYZ's compensation system is such that
Q27: Which of the following constitute examples of
Q45: The minimum wage<br>A)increases economic efficiency.<br>B)creates a shortage