(Scenario: E-Books and Sports Tickets)Read the scenario E-Books and Sports Tickets.Suppose Phillip discovers that if he spends all of his money on sports tickets,he can buy more sports tickets than he could previously because something changed.This is a result of a(n)_____ in the price of _____. Scenario: E-Books and Sports Tickets
Phillip has an income of $300 per month,which he uses to purchase two goods,e-books and sports tickets.Each e-book costs $10,and each ticket costs $15.
A)increase;tickets
B)decrease;tickets
C)increase;e-books
D)decrease;e-books

Question

Quizplus · Accepted Answer

If Phillip can buy more sports tickets with his given amount of money, then the price of tickets must have decreased. Therefore, choice B - decrease in the price of tickets - is the best answer. There is no evidence in the scenario to suggest that there was a change in the price of e-books or an increase in the price of sports tickets.

(Scenario: E-Books and Sports Tickets)Read the Scenario E-Books and Sports