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Nastasia [14]
3 years ago
15

If the demand for movies increases at the same time as the movie industry adopts labor-saving technology for producing movies, t

he equilibrium price for movies will increase, but the effect on the equilibrium quantity of movies is ambiguous.
a. true
b. false
Business
1 answer:
Ber [7]3 years ago
8 0

I believe that the correct answer to this is:

“False”

 

<span>If the price of a certain product or service increase and there are available substitutes to it, then the demand quantity for that product or service will decrease. So in this case, the equilibrium quantity would decrease hence false.</span>

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Answer:

a. $640 billion.

Explanation:

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Credit score is used to determine your financial worth ?
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4 0
3 years ago
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An individual is attempting to determine if it is necessary to register as an investment advisor due to the nature of some of th
statuscvo [17]

Answer:

[D]

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4 0
3 years ago
A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day tria
Nikitich [7]

Answer:

reciprocity principle

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