You go to the movieplex where movies ordinarily cost $8. you are intending to see a movie for which you have a $2 off coupon good for only that movie at that time. however, when you get there you see a friend who asks if you would rather see a new release. both movies start and end at the same time. if you decide to see the new release with your friend, what is your opportunity cost?

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.