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Q When the tastes of people changes and they prefer watching more movies with their family and friends then the demand curve happens to be shifting to the left which thereby will cause the equilibrium price to fall. Hence, the demand for individual online rental will fall down.

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In the above table, we have calculated the total revenue and the economic profit. We can see that as the output is rising, total revenue is also increasing. not only this, with the increase in output, the profit of the pizza shop is also rising.