2. Indoor ice skating has become very popular, and the rinks have raised their admission prices. The price increase is a result of (a) an increase in supply (b) a decrease in supply (c) an increase in

2. Indoor ice skating has become very popular, and the rinks have raised

their admission prices. The price increase is a result of
(a) an increase in supply (b) a decrease in supply (c) an increase in de-
mand (d) a decrease in demand.

1 Answer

2. Indoor ice skating has become very popular, and the rinks have raised their admission prices. The price increase is a result of (a) an increase in supply (b) a decrease in su…

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