Help Center D Question 2 1 pts Which of the following change

Help Center D Question 2 1 pts Which of the following changes will occur to the market for movie tickets when the cost of clectricity to operate the air conditioner rises dramatically The supply curve wil shift out, easing the proe to increase and te quantity to decrease. O The supply curve will shift out,causing the price to decrease and the quantity to increase The supply curve will shift in (up and back), causing the price to decrease and the quantity to increase The supply curve will shitin (up and backj, causing the price to increase and the quantity to decrease Question 3 1 pts Ps

Solution

When the cost of electricity to operate air conditioner in the movie hall increase then it will act as a increase in input cost for the producer . Hence supply curve will shift inwards as seller will reduce the supply and hence cause the price to increase and quantity to decrease.