The fact that movie theaters charge higher price

Assignment Help Business Economics
Reference no: EM131238936

The fact that movie theaters charge a higher price to see a movie in the evening as compared to the morning even though there is no change in cost is known as:

a) elastic supply of movies

b) elastic demand for movies during the evening.

c) time discrimination.

d) price discrimination.

Reference no: EM131238936

Questions Cloud

Recall the application about the time involved : Recall the Application about the time involved in including cell phones in the calculation of the CPI to answer the following? question(s). According to this? Application, cell phones were introduced to the public in? 1983, but it took the Bureau of ..
Review at least one cognitive theory discussed in reading : An overview of the changes in memory abilities that occur with aging. This overview should include a description of the difference between normal memory loss that occurs with aging and memory loss that is due to dementia. Review at least one cogni..
Cesare lombroso and the theory of the criminal man : Understanding theory in social context is an essential part of the study of criminology. As discussed in Chapter 2, describe in detail the work of Cesare Lombroso and the theory of the criminal man.
Establish a checklist for evaluation in design : Establish a checklist for evaluation in design from the point of view of functional coherence, testability, dependability, and physical installation. Compare the fundamental design decisions in the three real-time architecture projects SPRING, MAF..
The fact that movie theaters charge higher price : The fact that movie theaters charge a higher price to see a movie in the evening as compared to the morning even though there is no change in cost is known as:
Inter organizational partnerships : Why are inter organizational partnerships so important for today's companies? What elements in the current environment might contribute to either an increase or decrease in inter organizational collaboration?
Response the given article : Response the given article, agree, disagree and your opinion. - "If anything, gender conflicts are even more acute when dealing not with symbols, but with the realities of authority.
How many cars does andrew expect to sell : He has the following probability distribution for the number of cars he expects to sell on a particular Saturday :0 cars= probability of .1,4 cars = probability of .1 on a typical Saturday, how many cars does Andrew expect to sell.
What is theory at a glance : What is Theory at a Glance and Why Is Theory Important to Health Promotion and Health Behavior Practice? (answer in 100 words)

Reviews

Write a Review

Business Economics Questions & Answers

  Economic activity on both domestic and global scale

How do government policies and/or regulations factor into changes in economic activity on both a domestic and global scale? Give a specific example of a policy or regulation that has helped economic activity.

  Calculate the economy-wide currency ratio

The questions on this homework deal with an economy called Economica. Calculate the economy-wide currency ratio. Because precision is very important with the multiplier and its components, round your final answer and any intermediate steps to THREE d..

  Economy starting at the long run equilibrium

First, draw the AD, SRAS, LRAS diagram for the U.S. economy starting at the long run equilibrium. Label your graph thoroughly. Second, show on your diagram what happens to the U.S. economy when the U.S. government lowers income taxes across the board..

  What is the price elasticity of labor supply

Suppose a wage increase from $11 to $13 an hour increases the number of job applicants from 42 to 56. What is the price elasticity of labor supply?

  Evalute marginal cost of producing the sixth unit

Suppose a firm's average cost is R30 at 5 units of output and R32 at 6 units of output. The marginal cost of producing the sixth unit is R42. Is it true or false.

  Spot exchange value of one currency in terms of the other

Assume that the U.S. dollar and the Japanese yen are the only two currencies in the world. a. A bilateral nominal exchange rate S is the spot (now) exchange value of one currency in terms of the other and S can be written as dollars per 1 yen or yen ..

  Per-worker production and capital depreciates

Assume that a country's per-worker production is y = k1/2, where y is output per worker and k is capital per worker. Assume also that 10 percent of capital depreciates per year (δ = 0.10).

  Operate small but popular and profitable restaurant

You operate a small but popular and profitable restaurant/bar in a college town. There are several other restaurants and bars nearby. You have conducted a market research study and discovered that the price elasticity of demand for local residents is..

  What is the impact of government shutdown on the budget

In this discussion, you will compare and contrast monetary and fiscal policies. Consider two recent national crisis points: 9/11 and the banking failures of 2008. Was fiscal or monetary policy more immediately responsive to each crisis? Why? Was fisc..

  Preventing a brave new world-human embryos is unethical

In "Preventing a Brave New World" (pp. 331-343), Leon Kass concludes that reproductive and therapeutic cloning of human embryos is unethical. What are the exact steps in Kass's argument for this conclusion? What is your assessment of the strengths an..

  Calculate nominal gdp in each year

In year 1 and year 2, there are two products produced in a given economy, cars and beef. Suppose that there are no intermediate goods. In year one, 200 cars are produced and sold at $15,000 each, and in year two, 250 cars are sold at $16,000 each. Ca..

  In which countries or contexts does this arise

What is meant by culture of compliance. Is the concept applied consistently? In which countries or contexts does this arise? Is it likely to continue to be a factor in regulatory or ethical decisions? What can one do within an organization to foster ..

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