The latest data from the movie studios reveals that attendance at movies has declined as well as the average ticket price.How could this have possibly happened?
A) There was an increase in demand and no change in supply.
B) There was a decrease in demand and an increase in supply.
C) There was no change in demand and an increase in supply.
D) There was a decrease in demand and no change in supply.
E) There was no change in demand and a decrease in supply.
Correct Answer:
Verified
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