Question

Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total revenue of $35,000 when the price of a movie ticket is $10. Demand is . Part 2 (1 point)See Hint When your local Internet service provider increased its monthly charge from $40 to $50, the number of subscribers fell from 2,000 to 1,800. Demand is . Part 3 (1 point)See Hint Last month, your local coffee shop charged $4 for a cappuccino and sold 150 cappuccinos. This month, it increased the price of a cappuccino to $5 and is on track to sell 120 cappuccinos.

Answer 1

Please see attachment

Step-by-step explanation:

Please see attachment

Answer 2

Step-by-step explanation:

Part One: Demand falls/ declines once the price of movie ticket increases.

Part Two: Demand declines also when the price of the local Internet Service provider increases.

Part Three: Demand declines when the price of cappuccino increases