The Number of Movie-Goers Has Decreased

question 31

Multiple Choice

The number of movie-goers has decreased. One explanation is that

• A) the prices of substitutes have fallen.
• B) the prices of complementary products like popcorn have fallen.
• C) people have higher incomes and movies are a normal good.
• D) people expect the price of movies will rise in the future.
• E) people have lower incomes and movies are an inferior good.

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