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dskmvld dskmvld
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5 years ago
Most movie theatres charge different prices to different groups of customers for movie admission but not on movie popcorn. Which of the following is a reason for this?

• because the markup on movie popcorn is very high and movie theatres do not want to forgo this source of revenue

• because the demand for popcorn is very high relative to the demand for movie admissions

• because it is easier to limit resale in movie admissions but not in popcorn

• because the cost of operating a concession stand in a movie theatre is very high compared to the cost of showing a movie
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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crdsacrdsa
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5 years ago
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dskmvld Author
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#2
5 years ago
Brilliant
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#3
4 years ago
thank you
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