Understanding Shandra's Spending Behavior on Movies and DVDs
How does the increase in movie prices affect Shandra's spending on DVDs?
What will Shandra's likely response be to the rise in movie prices?
Shandra's Response to Increased Movie Prices
When the price of movies increases, Shandra's spending on DVDs is likely to increase as well.
Shandra has a fixed budget for entertainment and enjoys spending it on movies and DVDs. If the price of movies goes up, she may adjust her spending habits to maintain her overall entertainment consumption within her budget constraints.
Given that Shandra has a limited entertainment budget, a price increase in movies can lead her to allocate more of her budget towards DVDs instead. This shift in spending behavior can be influenced by the relative affordability and appeal of each entertainment option.
Choosing to allocate more funds to DVDs allows Shandra to continue enjoying entertainment while adapting to the changing market prices. Factors such as convenience, ownership, and personal preferences may also play a role in her decision to prioritize spending on DVDs over movies.
Therefore, in response to the increased price of movies, Shandra is likely to increase her spending on DVDs to align with her preferences and budget constraints.