Which of the following results in a movement upward along the supply curve for movies in theaters?
A) an increase in the price of movie tickets
B) a decrease in the price of movie tickets
C) a decrease in the price of downloaded movies
D) a decrease in movie star salaries
E) an increase in the number of theaters

Question

Quizplus · Accepted Answer

An increase in the price of movie tickets results in a movement upward along the supply curve for movies in theaters because it reflects a higher quantity of movies being supplied at the higher price, assuming other factors remain constant.

Which of the Following Results in a Movement Upward Along