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| Should we see King Kong for $8, or The Ring 2 for $4? | |||||||
| Subject | movie theaters experiment with price discrimination | ||||||
| Topic | Monopolistic Competition, Monopoly, Supply and Demand | ||||||
| Key Words | Price discrimination, movies, theater chains. | ||||||
| Full Article | If you have an InfoTrac or BCRC access code, click on the appropriate source to login and view the full text article. Reference ID: A142075220 |
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| News Story |
Fly on an airplane, and you can bet that you didn't pay the same airfare as the person sitting next to you. Go to a restaurant before 5:30, and pay an "early bird" reduced dinner price for the exact same meal that someone else will pay triple that price for at 7:30. Why shouldn't the same pricing strategy apply to moviegoers? |
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| Questions |
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| Source | David Leonhardt. "Changes ahead for a theater near you." The New York Times15 February 2006. http://www.nytimes.com | ||||||
| Instructor Discussion Notes | Discussion
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