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

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter4: Labor And Financial Markets

Section: Chapter Questions

Problem 31P: Table 4.6 shows the amount of savings and barrowing in a market for loans lo purchase homes,...

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