« previous next »

Author Question: Movie theatres decided to increase the price of movie tickets. Holding other factors constant, what ... (Read 73 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Actions of regulatory transcription factors and small effector molecules Actions of regulatory transcription factors and small effector molecules
Factors influencing pulse rate Factors influencing pulse rate
Modern machinery has helped farmers increase yields Modern machinery has helped farmers increase yields
Two techniques for holding and inserting an otoscope Two techniques for holding and inserting an otoscope
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Video: Exercise and cardiac output

For a complete list of videos, visit our video library