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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 899 |
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However, if you just increase the quantity without a price reduction, it does not increase the demand for the product.
3-5-B As personal income rises, so does the person’s ability to purchase more products, particularly items of want rather than need basis.
3-5-C If the price of inputs for DVDs decreases, you would hope the manufacturer or producer would decrease the selling price of the DVDs...
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Currently, if a teenage boy takes his girlfriend to the movies, admission for the two is around $20. Add popcorn and a drink and you have spent another $5-$10 and if he took her out to dinner before the movie, add an additional $15-$20 depending on where they ate. That date cost $50 for just one night...
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