14. When you go to the movies, the theater is a monopoly vendor of popcorn while you're there (which is why it costs so much). Suppose that the cost to the theater of fake butter flavoring and yellow food coloring rise significantly, what will happen to the price and quantity of popcorn sold by the theater.
  1. The price of popcorn will rise and the quantity sold will increase.
  2. The price of popcorn will rise and the quantity sold will fall.
  3. The price of popcorn will remain unchanged and the quantity sold will remain unchanged.
  4. The price of popcorn will fall and the quantity sold will fall.
  5. The price of popcorn will fall and the quantity sold will increase.

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