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Fofino [41]
3 years ago
7

Antitrust laws require that monopolies be disassembled

History
1 answer:
Alekssandra [29.7K]3 years ago
8 0
Any answer choices i cant give you an answer

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How will this headline impact demand? ⇒ Demand will FALL.

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Income declining for workers means that they will demand less movie tickets because they cannot afford it.

Which shifter of demand is at work in this example? ⇒ INCOME.

Income is one of the determinants of demand and in this case will be the reason the demand curve shifts to the left to signify a fall in demand. As explained above, with people having less wages (income), they will only be able to afford less movie tickets which will reduce the demand for movie tickets.

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