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MMLU-Pro / 7414 / The Lincoln Theater had been showing old films for two months. Admission was…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

The Lincoln Theater had been showing old films for two months. Admission was 2.00andaveragedailyattendancewas200.Then,theownerdecidedtopresentarecentblockbusterfilm.Admissionpricewasraisedto2.00 and average daily attendance was 200. Then, the owner decided to present a recent blockbuster film. Admission price was raised to 4.00 to cover the cost of the new film and average daily attendance rose to 600. Does this example cast doubt upon the law of demand?
Plain-text mathematical notation (without MathML)
The Lincoln Theater had been showing old films for two months. Admission was 2.00andaveragedailyattendancewas200.Then,theownerdecidedtopresentarecentblockbusterfilm.Admissionpricewasraisedto4.00 to cover the cost of the new film and average daily attendance rose to 600. Does this example cast doubt upon the law of demand?
Original LaTeX notation
The Lincoln Theater had been showing old films for two months. Admission was $2.00 and average daily attendance was 200. Then, the owner decided to present a recent blockbuster film. Admission price was raised to $4.00 to cover the cost of the new film and average daily attendance rose to 600. Does this example cast doubt upon the law of demand?

category

economics

options

  1. The demand curve is upward-sloping
  2. The admission price increase caused the demand to rise
  3. The law of demand predicts constant attendance regardless of price
  4. The demand curve is perfectly inelastic
  5. The law of demand is disproved
  6. The law of demand is irrelevant in this scenario
  7. The law of demand only applies to goods, not services
  8. The change in attendance is due to factors other than price
  9. The law of demand remains intact
  10. The increase in attendance was a coincidence unrelated to the price change

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7414
task_id
476d2a1c-9b31-50c3-ba9d-3bcd8a6419d9
task_key
default--test--7414
task_revision_id
1
config / split
default / test

Official source

initial import