​If Movie Theatres Decided to Increase the Price for the Movie

question 38

Multiple Choice

​If movie theatres decided to increase the price for the movie tickets,holding other factors constant,what would happen to the demand for popcorn in the theatres?

• A)​the demand for popcorn would shift to the left because popcorn and movies are substitute goods.
• B)the demand for popcorn would shift to the left because popcorn and movies are complementary goods.
• C)the demand for popcorn would shift to the right because popcorn and movies are substitute goods.
• D)​the demand for popcorn would shift to the right because popcorn and movies are complementary goods.

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Definitions:

Minority Shareholder

A minority shareholder is someone who owns less than 50% of a company's shares and therefore does not have a controlling interest in the company.

Preemptive Rights

Rights that allow existing shareholders the opportunity to buy new shares of a company's stock before it is offered to the public, often to maintain their percentage of ownership.

Liquidation Preference

Liquidation preference is a term used in finance and investments to describe the priority of repayment to investors of a company's shares if the company liquidates, goes bankrupt, or is sold.

Class A Preferred

A type of preferred stock that provides holders with specific financial advantages, such as priority in dividend payments or asset distribution over other classes of stock.