Roxie's Movie Theatre Has a Monopoly and Discovers That at $12

question 136

Multiple Choice

Roxie's Movie Theatre has a monopoly and discovers that at $12 a movie, no one is buying movie tickets during weekdays. Roxie's conducts a survey and the table above reveals the results of the survey. Roxie decides to price discriminate between weekend and weekday moviegoers. The marginal cost of showing a movie is $6. Roxie's charges _______ on weekdays and _______ on weekends.

• A) $3; $12
• B) $6; $15
• C) $9; $12
• D) $6; $18

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Definitions:

Organizational Countercultures

Subcultures within an organization that hold values and norms that significantly differ from, or conflict with, the dominant culture of the organization.

Dominant Culture

Dominant culture refers to the established attitudes, values, beliefs, and customs that prevail within a society or an organization.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business or organization.

Values And Assumptions

Fundamental beliefs and taken-for-granted notions that guide individuals' attitudes and behaviors in a specific cultural or organizational context.