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Decrease in the incomes of consumers of movies

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Determine which of the demand curve shifters (PYNTE) would apply to each situation. Explain whether the event will increase or decrease demand for movie tickets. Tell whether the demand curve shifts to the right or to the left.

a. A decrease in the incomes of consumers of movies.

b. An increase in the price of Red Box movie rentals.

c. An increase in the number of consumers in the market for movies.

Reference no: EM131937629

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