If the price of a movie ticket rises, the quantity demanded increases.

Name: If the price of a movie ticket rises, the quantity demanded increases.
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Question

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When the price of a movie ticket rises, the quantity demanded generally decreases as consumers may choose to attend fewer movies or look for alternative forms of entertainment. This is due to the law of demand, which states that as the price of a good or service increases, the quantity demanded decreases.

If the Price of a Movie Ticket Rises, the Quantity