Which of the Following Results in a Movement Upward Along

question 21

Multiple Choice

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

• A) an increase in the price of movie tickets
• B) a decrease in the price of movie tickets
• C) a decrease in the price of downloaded movies
• D) a decrease in movie star salaries
• E) an increase in the number of theaters

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Definitions:

Imports

Goods and services purchased from other countries, bringing them into a country's domestic market.

Clothes Dryers

Household appliances designed for removing moisture from clothing and textiles after they have been washed.

Net Exports

The value calculated by subtracting a country's total value of imports from its total value of exports; positive net exports indicate a trade surplus, while negative net exports indicate a trade deficit.

Import Quota

This is a restriction by a country on the quantity of a good that can be imported, aimed at protecting domestic industries from foreign competition.