tytiannsmith4342 tytiannsmith4342
  • 11-07-2017
  • Business
contestada

What can be concluded if the number of movie tickets sold increases by 10 percent when the price is cut by 20 percent, other things being equal?

Respuesta :

bulldogkg10
bulldogkg10 bulldogkg10
  • 11-07-2017
Supply and demand! If you aren't selling many tickets at first, it because you're price is too high, so by decreasing the price by 20%, the demand for that item increases. It's all about finding the market value and the perfect cross between supply and demand
Answer Link

Otras preguntas

help plss i give brailiest
What makes up skin tissue? A organ systems B cells C organs D. organisms
What is the value of x2 + 3 4y when x = 2 and y = 5?18202137​
Can you help me wit this?
The most powerful research method discussed in your textbook is _______ because it allows researchers to determine _______ among variables.
Informative and explanatory texts provide information on a specific topic or subject. The topic of this passage is the evolution of bicycles, or how bicycles ha
Describe the causes of season change​
GIVING BRAINLIEST FOR BEST ANSWER! Write a story that could represent this math problem.
It z²+1/z3= 34, find z3+1/z3 using only positive value of z+1/z
Identify the statements that describe the philippine war and its aftermath.