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

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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