Answer:
The correct answer is letter "B": Reduce the ticket prices for the afternoon shows and increase the ticket prices for the evening shows.
Explanation:
Price elasticity of demand is a characteristic of goods and services by which the quantity demanded changes in front of changes in their price. <em>It is calculated by dividing the percentage change in quantity demanded by the percentage change in price</em>. If the result is equal to or greater than one (1) the demand is elastic. If the result is lower than 1, the demand is inelastic.
Thus, <em>in an attempt to increase revenue out of movie tickets sales, if the demand for movie tickets is elastic in the afternoon it implies that changing the price would significantly change the quantity demanded. Then, it would be convenient to lower the tickets cost so the quantity demanded increases in the afternoon -demand law.
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Then,<em> if the demand for movie tickets is inelastic in the evenings, it means changes in prices do not change the quantity demanded. So, increasing the price of movie tickets in the evenings would not change the quantity demanded.</em>
Using cash or debit because it’s much simpler. If using cash you have a confirmed amount to give the person you are buying from
<span>A consistency check compares the values of data in two or more fields to see whether those values are reasonable.
We can refer data in consistency to every time when the data in the list changes, numerous lists must be refreshed and if not, at that point conflicting information results and data for a record being diverse in two unique records.
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Answer:
Bread and butter are complimentary goods if the price of butter is increased then the demand for butter will decrease and since bread and butter are used together when the demand of one good is decreased, the demand of the other good will also be decreased and the price of bread will decrease.
Because of this demand curve will shift downward towards the left along with the supply curve.
If the price of flour is decreased it will decrease the price of the bread and the demand of the bread will be increased but again when bread and butter are to be used together then as the demand of butter is decreased then the demand of the bread will also be decreased and at the end the equilibrium price of the bread will decrease.
The owner, the employees, anyone who has stock in it (if it's a chain, especially), and the owner of the property.