Multiple Choice
Which of the following results in a movement upward along the demand curve for movies?
A) a decrease in the price of NetFlix, a substitute for movies
B) an increase in the price of movie tickets
C) a decrease in income, assuming that movies are a normal good
D) an increase in income, assuming that movies are a normal good
E) a decrease in the price of movie tickets
Correct Answer:
Verified
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