ask alexa

Dear Alexa, My friends and I went to the movies last weekend, and at the end of the night I realized I paid more for my popcorn, soda and candy, than I did for my actual movie ticket! Why are movie concessions stands so expensive? Please Explain! Kate Well Kate,... [read more]
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notes

Northwestern University experiments with inelastic supply for sports tickets. The test comes at an added bonus to consumers: the price of tickets can only decrease with time.