Why everyone pay the same price for a medium sized popcorn

Assignment Help Microeconomics
Reference no: EM13181166

Movie theaters charge a variety of admission prices: one for matinees, another for evening showings; one for students, and another for adults, another for golden agers. Children under 12 often are admitted for a zero money price. Why don't theaters use this pricing tactic at the snack counter? For example, why does everyone pay the same price for a medium sized popcorn?

Reference no: EM13181166

Questions Cloud

Find the value of x that maximizes the volume of the box : A box with no top is to be built by taking a 6'' - by - 10'' sheet of cardboard and cutting x - in. squares out of each corner and folding up the sides. Find the value of x that maximizes the volume of the box.
Determine the cholesterol content in an ounce of each item : Five ounces of shrimp and 3 ounces of scallops contain 45 milligrams of cholesterol less than the suggested maximum daily intake. Determine the cholesterol content in an ounce of each item.
State primary alcohol ethanol is subjected to sulfuric acid : If the primary alcohol ethanol is subjected to sulfuric acid, an SN2 substitution would occur instead and diethyl ether would be formed.
Find the lengths of the other sides : if the length of the hypotenuse of the right triangle is 10, find the lengths of the other sides when the area is maximum.
Why everyone pay the same price for a medium sized popcorn : Movie theaters charge a variety of admission prices: one for matinees, another for evening showings; one for students, and another for adults, another for golden agers. Children under 12 often are admitted for a zero money price. Why don't theater..
State what is the molar mass of the unknown solution : What is the molar mass of the unknown solution containing 1.01 g of unknown in 17.74 g biphenyle froze at 42 degrees C. Pure biphenyl freezes at 71.0C
What is the speed of the plane in still air : A plane flies 420 miles with the wind and 310 miles against the wind in the same length of time. If the speed of the wind is 22 mph, what is the speed of the plane in still air?
What is the height of the cuboid : An iron cube of side 6cm is melted and recast into a cuboid which has a square base of side 4cm as shown below. What is the height of the cuboid?
Find out the rate of consumption of o : Determine the rat of consumption of O2 if the initial concentration of NH3 was 0.6719 M and decreased to 0.5827 M after 0.3883 hours

Reviews

Write a Review

Microeconomics Questions & Answers

  Estimate the cash flow to be included in the horizon year

Estimate the cash flow to be included in the horizon year and what will be the horizon value if there is no profit growth?

  What is the present worth of this investment

Aerotron Electronics is considering purchasing a water filtration system to assist in circuit board manufacturing. The system costs $40,000. It has an expected life of 7 years at which time its salvage value will be $7,500. Operating and maintenan..

  What is the increase in the excise tax on alcohol

An increase in the excise tax on alcohol? a)will have no effect on alcohol consumption b)will generate minimal tax revenues for the federal government c)couped with a uniform drinking age nationwide would save lives

  Solve the partial derivative

Solve the partial derivative

  What policy changes to impact the economy

what macroeconomic policies might you enact in response to these economic conditions? How would you expect these policy changes to impact the economy?

  What advice would you give as the economic analysis team

what advice would you give as the economic analysis team and Your client states that it is worth $4,000 annually to be his own boss and not be a butcher any more. Would that change your advice? How and why?

  Increasing-cost industries-game theory in oligopoly

Suppose you own the home remodeling company. You're currently earning short-run profits. The home remodeling industry is the increasing-cost industry. In long run, what do you expect will take place to

  Explain centrally planned economies

Innovation lagged in the centrally planned economies because: there was too much domestic business competition. there was too much competition from foreign firms. A positive statement is one which is:

  Estimate industry equilibrium price or output combination

Demand and supply situations in perfectly competitive market for unskilled labor are as follows, Estimate the industry equilibrium price or output combination both graphically and algebraically.

  How does quantity of homes supplied change in the long run

The market for corn is currently in market equilibrium. Graph this situation. On your graph show what happens to the quantity of corn and the price in the market as the use of ethanol fuels becomes more widespread at the same time that a drought d..

  How the vertical integration justify the investment

LG Electronics plans to invest 30 trillion won by 2010 to make this happen, hoping that the cost savings and reduction in risks associated with vertical integration justify the investment.

  Pricing of goods in the real world

Jeans and alligator or animal shirts: The plain pocket jeans and the Lacoste knockoffs often cost 40% less than brand-name items, yet the knockoffs are essentially identical to the brand-name items.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd