Some Baseball Parks Have a "7th Inning Stretch" Where Beer

question 40

Essay

Some baseball parks have a "7th Inning Stretch" where beer, hotdogs and other food items are offered for sale at a lower price. What economic concept is being used by the baseball park to justify this practice? If it is successful at selling more food and drink with this practice why don't they lower prices at the beginning of the game?

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Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character and influence behaviors, thoughts, and emotions.

Personological Approach

A psychological framework focusing on the study of an individual's personality as a whole, considering the complex interplay of traits, behaviors, and motivational factors.

Personality

The unique combination of emotional, attitudinal, and behavioral response patterns of an individual.

Big Five Factors

A model describing human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.