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professor190 [17]
4 years ago
9

Government officials have hired your consulting firm to encourage more people to use the theater . In the initial meeting, you d

iscussed several options for increasing demand. Three suggestions are listed below. Based on your knowledge of the law of demand, what is your recommendation for each suggestion?
Suggestion 1: Reduce the price of the theater tickets.

a. Not recommend
b. Recommend
Business
1 answer:
REY [17]4 years ago
3 0

Answer:

b. Recommend

Explanation:

Since according to the law of demand, an increase in price will result in decrease of quantity demanded and vice versa, a reduction in the price of ticket will see the rise in the demand of the theater tickets.

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