The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Every Friday night Elizabeth either goes bowling or goes to the movies. Because the price of bowling went up, Elizabeth now sees more movies. Elizabeth's behavior would be best described as a change in which determinant of demand?
A)Price of complementary goods
B)Expectations
C)Income
D)Number of buyers
E)Price of substitute goods

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-Every Friday night Elizabeth either goes bowling or goes to the movies. Because the price of bowling went up, Elizabeth now sees more movies. Elizabeth's behavior would be best described as a change in which determinant of demand?
A)Price of complementary goods 
B)Expectations 
C)Income 
D)Number of buyers 
E)Price of substitute goods

Quizplus · Accepted Answer

Elizabeth's behavior is a result of the price of bowling going up, which is a substitute for going to the movies. This indicates that the price of substitute goods is a determinant of her demand.

The Table Given Below Reports the Quantity Demanded of a Good