Let's consider an economy in which there are really only two types of movies available action films, which are more popular among female viewers in this economy, and drama films, which are more popular with male viewers. Consider the market for drama films. If the population of the economy shifts so that there are many more female citizens than male citizens, then in the market for drama films we would expect: OP down, Q up P"down, Q* down O P* up, Q* up a movement to the left along the demand curve O P up, Q down

Let's consider an economy in which there are really only two types of movies available action films, which are more popular among female viewers in this economy, and drama films, which are more popular with male viewers. Consider the market for drama films. If the population of the economy shifts so that there are many more female citizens than male citizens, then in the market for drama films we would expect: OP down, Q up P"down, Q* down O P* up, Q* up a movement to the left along the demand curve O P up, Q down

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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