<p>The demand function for theater tickets is $D_t(p_t,p_c)$, where $p_t$ stands for the price of theater tickets and $p_c$ stands for the price of cinema tickets. Supply of theater tickets is described by $S_t(p_t)$. I want to determine how the equilibrium price and quantity of theater tickets changes if the price of movie tickets changes from $p_c$ to $p'_c$. I just have to solve the equations
$$
D_t(p_t,p_c) = S_t(p_t)
$$
and
$$
D_t(p'_t,p'_c) = S_t(p'_t)
$$
right?</p>

CC BY-SA 3.0
2015-12-10T04:55:10.600Z
Please see our policy for homework questions: http://meta.economics.stackexchange.com/q/1465/42
Herr K.
CC BY-SA 3.0
2015-12-10T08:54:14.743Z
@Chris L I generalized the question to make it compatible with our policy. If you disagree you can roll back the edit to yours.
Giskard
CC BY-SA 3.0
2015-12-10T15:36:39.550Z
I like the question much more this way, and would vote to keep it open.
FooBar
CC BY-SA 3.0
2015-12-12T06:09:37.873Z
I'm not sure how to answer this question in this form though, since it just seems to be, "yes."
Kitsune Cavalry
<microeconomics><supply-and-demand>
Market with substitutes: Response of prices and quantities
Chris L
# Market with substitutes: Response of prices and quantities

(Asked by: username_0 on 2015-12-09)

The demand function for theater tickets is $D\_t(p\_t,p\_c)$, where $p\_t$ stands for the price of theater tickets and $p\_c$ stands for the price of cinema tickets. Supply of theater tickets is described by $S\_t(p\_t)$. I want to determine how the equilibrium price and quantity of theater tickets changes if the price of movie tickets changes from $p\_c$ to $p'\_c$. I just have to solve the equations
$$
D\_t(p\_t,p\_c) = S\_t(p\_t)
$$
and
$$
D\_t(p'\_t,p'\_c) = S\_t(p'\_t)
$$
right?

**Tags:** microeconomics, supply-and-demand
> **Comments:**
> **username_1**: Please see our policy for homework questions: http://meta.economics.stackexchange.com/q/1465/42  
> **username_2**: @Chris L I generalized the question to make it compatible with our policy. If you disagree you can roll back the edit to yours.  
> **username_3**: I like the question much more this way, and would vote to keep it open.  
> **username_4**: I'm not sure how to answer this question in this form though, since it just seems to be, "yes."  

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## 0 answers

