Most Movie Theatres Charge Different Prices to Different Groups of Customers

question 171

Multiple Choice

Most movie theatres charge different prices to different groups of customers for movie admission but not for movie popcorn.Which of the following is a reason for this?

• A)Because the markup on movie popcorn is very high and movie theatres do not want to forego this source of revenue
• B)Because the demand for popcorn is very high relative to the demand for movie admissions
• C)Because it is easier to limit resale in movie admissions but not in popcorn
• D)Because the cost of operating a concession stand in a movie theatre is very high compared to the cost of showing a movie

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Definitions:

European Perception

Refers to the way European nations and their citizens view or interpret events, cultures, policies, and international relationships.

Cannibals

Individuals or animals that eat the flesh of their own species, a practice observed in some cultures and species for various reasons, including ritual, warfare, or survival.

Columbian Exchange

The widespread transfer of plants, animals, culture, human populations, technology, diseases, and ideas between the Americas and the Old World following Columbus's voyages.

Negative Consequences

Unfavorable, harmful, or detrimental outcomes resulting from an action or decision.