Marketplace analyst specializing in theme

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Reference no: EM1312332

Q. Suppose you are a marketplace analyst specializing in theme parks also you're examining Disneyland's stock. The Wall Street Journal reports that tourism has slowed down in the United States. At Six Flags Magic Mountain in Valencia, CA, a new Vie very roller coaster is now operating also another new ride, Psyclone, will be opening this year. Using demand also supply analysis, predict the impact of these events on ticket prices also attendance at Disneyland. As reported in the WSJ, Disneyland slashed ticket prices also admitted that attendance was some Illustrate what lower. Is this consistent with your prediction using demand also supply analysis? In light of the fact that both output also price were falling at Disneyland, is the law of demand being violated? Use a supply also demand diagram to justify your answer.

Reference no: EM1312332

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