Author Question: Movie theatres decided to increase the price of movie tickets. Holding other factors constant, what ... (Read 155 times)

amal

  • Hero Member
  • *****
  • Posts: 572
Movie theatres decided to increase the price of movie tickets. Holding other factors constant, what happens to the demand for popcorn in the movie theatres?
 a. Demand for popcorn shifts to the left because popcorn and movies are substitute goods.
  b. Demand for popcorn shifts to the left because popcorn and movies are complementary goods.
  c. Demand for popcorn shifts to the right because popcorn and movies are substitute goods.
  d. Demand for popcorn shifts to the right because popcorn and movies are complementary goods.

Question 2

Appendix: In regression analysis, the existence of a significant pattern in successive values of the error term constitutes:
 a. heteroscedasticity
  b. autocorrelation
  c. multicollinearity
  d. nonlinearities
  e. a simultaneous equation relationship



yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

b

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library