Register
3. Explain According to the law of demand, what would happen in a situation in which the average price of concert tickets rose from $40 to $80?​
40.4k views
8 votes
3. Explain According to the law of demand, what would happen in a situation in which the average price of concert tickets rose from $40 to $80?​

User BenJLI
by
4.5k points

1 Answer

9 votes

Answer:

The total quantity demanded would decrease

Step-by-step explanation:

Hope this helps!

User Lirik
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

Mr. Jensen repeatedly complains about the quality and duration of his sleep. He claims that he has difficulty falling asleep and staying asleep, and that he usually wakes up before it is time to get up.
Those rights that are so fundamental that they are outside of the authority of government to refulate are known as
In a speech to the British people, Churchill said the following: Let us brace ourselves to our duties and so bear ourselves that if the British Empire and its Commonwealth last for a thousand years, men
The term diaspora is mostly directly linked to what aspect of Judaism
________ is the perception of an object's antiquity, uniqueness, and originality within a local culture
Link Copied!