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FIGURE 3-3 -Refer to Figure 3-3.The University Theatre Faces Market Demand Curve

Question 52

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FIGURE 3-3
FIGURE 3-3 -Refer to Figure 3-3.The University Theatre faces market demand curve D₀ and has begun charging $10,up from $5,for tickets for Friday and Saturday night shows.What will students do as a result? A) Increase their quantity of tickets demanded to Q₄. B) Decrease their demand for tickets to Q₁. C) Increase their demand for tickets to Q₄. D) Decrease their quantity of tickets demanded to Q₁.
-Refer to Figure 3-3.The University Theatre faces market demand curve D₀ and has begun charging $10,up from $5,for tickets for Friday and Saturday night shows.What will students do as a result?


A) Increase their quantity of tickets demanded to Q₄.
B) Decrease their demand for tickets to Q₁.
C) Increase their demand for tickets to Q₄.
D) Decrease their quantity of tickets demanded to Q₁.

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