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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?

Microeconomics, Economics

  • Category:- Microeconomics
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