QUESTION IMAGE
Question
u of m goldie t-shirts after the u wins a ncaa basketball elite 8 game
nobody 2 movie that was released aug. 15
chappell roan tickets for her current world tour
minor league baseball tickets
increase in price
decrease in price
Brief Explanations
- When demand for a good rises (without a supply change), its price increases. When demand falls, price decreases.
- U of M Goldie T-shirts after a NCAA win: Fan demand surges, so price rises.
- Nobody 2 movie (released Aug.15): As time passes post-release, demand drops, so price falls.
- Chappell Roan tour tickets: High demand for a current popular tour pushes price up.
- Minor league baseball tickets: Lower demand compared to major leagues leads to lower prices.
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Increase in Price:
- U of M Goldie T-shirts after the U wins a NCAA Basketball Elite 8 game
- Chappell Roan tickets for her current world tour
Decrease in Price:
- Nobody 2 movie that was released Aug. 15
- Minor league baseball tickets