Each of the following events tends to change the demand or the supply of DVD movie rentals, and as a result, increases or decreases the price of a rental. In each case, indicate (i) whether supply or demand is affected; (ii) the determinant of supply or demand that is affected; and (iii) the change in equilibrium price and quantity that is predicted.
a.The federal government imposes a tax of {content}.25 on each DVD movie rental.
b.The average price of going to a movie in a theatre increases by .00.
c.A TV station that airs recent movies drops its extra charge of .00 per
month, and now includes this service with the regular cable TV package.
d.Reality television programs become so popular that a large proportion of those seeking entertainment are enticed to spend much more time watching these programs
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