Which of the Following Results in a Movement Upward Along

question 48

Multiple Choice

Which of the following results in a movement upward along the demand curve for movies?

• A)a decrease in the price of NetFlix, a substitute for movies
• B)an increase in the price of movie tickets
• C)a decrease in income, assuming that movies are a normal good
• D)an increase in income, assuming that movies are a normal good
• E)a decrease in the price of movie tickets

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Definitions:

Return on Investment

A measure used to evaluate the efficiency of an investment or compare the efficiency of several investments, calculated as the return divided by the cost of the investment.

Dividends

Distributions from a company to its shareholders, symbolizing a share of the company's earnings.

Constant

In mathematics or physics, a constant is a fixed value that does not change. In programming, it refers to an immutable value.

Supernormal Rate

Typically refers to an above-average rate of return on investment or growth.