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wrote...
Posts: 153
2 months 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
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Microeconomics
Edition: 7th
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2 months ago
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because it is easier to limit resale in movie admissions but not in popcorn
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2 months ago
Brilliant
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