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Christen who just turned eighteen is out with several friends.They decide to see a movie,but it is sold out.Christen hid in the back of the theatre and yelled "Fire" as loudly as she could.Everyone ran out of the theatre,and a number got in their vehicles and left.Christen and her friends thought that seeing the movie was now possible.Unfortunately,a theatre employee saw Christen yelling,called the police,and she was arrested.Christen told the police officers that she was only exercising her free speech rights.She also told the police that the theatre employee lied and that she personally saw him stealing popcorn.The theatre employee told Christen that he was going to sue for defamation,and she told him that she would win based on her right to free speech.Discuss whether or not Christen is right on both counts and why.
Price Floor
A government-imposed limit below which prices cannot fall, often set to protect producers.
Rent
A periodic payment made by a tenant to a landlord for the use of land, a building, or other property.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.
Supply Curve
A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing to produce and sell.
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