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NeTakaya
3 years ago
8

The latest data from the movie studios reveals that attendance at movies has declined as well as the average ticket price. How c

ould this have possibly happened? 1. There was an increase in demand and no change in supply. 2. There was a decrease in demand and an increase in supply. 3. There was no change in demand and an increase in supply. 4. There was a decrease in demand and no change in supply. 5. There was no change in demand and a decrease in supply.
Business
2 answers:
Alex777 [14]3 years ago
6 0

Answer:

(2) There was a decrease in demand and an increase in supply

Explanation:

For a movie studio, a decline in attendance suggests that demand for showtime (movies) had declined. If demand had increased, there would have been an increase in attendance at the movies. If demand had remained the same, attendance would have remained unchanged too with no increase or decrease.

However, the decline in the average ticket price suggests that supply of movies had most likely increased (it could also be the case that studios decrease prices in a bid to attract customers in the face of dwindling demand). An increase in average ticket price would have suggested that lower movies were available or demand was higher than supply.

Zanzabum3 years ago
4 0

Answer:

2. There was a decrease in demand and an increase in supply.

Explanation:

If the latest data from the movie studios reveals that attendance at movies has declined as well as the average ticket price, then this could possibly have happened as a result of 2 things:

1. A DECREASE IN DEMAND: This is very obvious because it is stated clearly that 'attendance at movies have declined'' that means people no longer go to movies as they used, at least some people may not even be going anymore.

2. INCREASE IN SUPPLY: The second reason might be less obvious but it can be recalled that one of the major reasons in economics that triggers a price drop is 'increase in supply'. In the scenario, the fact that average ticket price across board have declined points more in the direction of increase in supply.

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Answer:

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Explanation:

WACC is a function of interest charged by each bank and the proportion of funds provided by each bank in relation to the total amount required by the investor.

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The term term that serves as the process of identifying and documenting the functional and physical characteristics of a work product is Configuration management.

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On the hand can be regarded as the mental impressions, conclusions, opinions,  for an attorney in anticipation of litigation , hence  term term that serves as the process of identifying and documenting the functional and physical characteristics of a work product is Configuration management.

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CHECK THE COMPLETE QUESTION:

What process involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project’s products are correct and complete?

4 0
2 years ago
) a substance decays 22ach day. after 7 days, there are 9 milligrams of the substance remaining. how many milligrams were there
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To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.

a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.

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7 0
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Answer:

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