Which of the following could cause the demand curve for tickets to Disney World to shift to the right?
a. A hurricane is predicted to hit Orlando next week.
b. A new app can predict wait times on rides and reduce wait by 90%.
c. Consumer incomes decreased during the last quarter due to new tax increases.
d. Universal Studios lowered the price of their one day passes to Harry Potter Land.
b
You might also like to view...
In the figure above, the value on the y-axis decreases as we move from
A) point G to point A. B) point C to point A. C) point F to point A. D) point E to point A.
Assuming money neutrality in the classical model, a 10% increase in the nominal money supply would cause
A) a 10% increase in the real money supply. B) a 10% decrease in the real money supply. C) no change in the real money supply. D) a less-than-10% change in the price level due to a shift in the aggregate supply curve.