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Exhibit 4-7  Demand and Supply Schedules for Movie Tickets in Exhibit

Question 77

Multiple Choice

Exhibit 4-7  Demand and supply schedules for movie tickets Exhibit 4-7  Demand and supply schedules for movie tickets   In Exhibit 4-7, a 100 decrease in quantity demanded at every price level would cause the new equilibrium price to become: A)  $10. B)  $8. C)  $6. D)  $4. E)  $2. In Exhibit 4-7, a 100 decrease in quantity demanded at every price level would cause the new equilibrium price to become:


A) $10.
B) $8.
C) $6.
D) $4.
E) $2.

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