When movie ticket prices increase, families tend to spend less time watching movies and more time at home watching videos instead. This best reflects:

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asked Aug 18, 2023 140k views

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Delinear · Answer 1 · 2023-08-23T14:07:03+0000

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When movie ticket prices increase, families tend to spend less time watching movies and more time at home watching videos instead. This best reflects: the substitution effect.

When movie ticket prices increase, families tend to spend less time watching movies and more time at home watching videos instead. This best reflects:

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