Author Question: Rhonda views movie tickets and DVD rentals to be substitute forms of entertainment. An increase in ... (Read 24 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
Rhonda views movie tickets and DVD rentals to be substitute forms of entertainment. An increase in the price of a DVD rental will probably result in an increase in the:
 a. supply of movie tickets.
 b. quantity of movie tickets demanded.
  c. quantity of DVD rentals demanded.
  d. demand for movie tickets.

Question 2

Demand-pull inflation is caused by:
 a. an increase in aggregate demand.
 b. a decrease in aggregate demand.
 c. an increase in short-run aggregate supply.
  d. a decrease in short-run aggregate supply.



poopface

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library