Author Question: Rhonda views movie tickets and DVD rentals to be substitute forms of entertainment. An increase in ... (Read 41 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library