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How do movie theaters make the distinction between those with higher and lower price elasticities of demand?
The larger cities with the highest populations are the ones that set their movie prices first (New York, Los Angeles, Chicago, etc.). These are called "First Tier" cities. The rest of the countries base their prices on what the larger cities are charging, what the population is in their area, how much the competition charges, and what amenities a specific theater has.
What else can I help you with?
Where can you watch Alvin and the Chimpmunks?
You can watch it in any good cinemas.try megashare.infoI think you can watch it onwww.watchfreemoviesonline.com. It should have a red backround. It's an awesome movie. I saw it in theaters on Christmas 2009.
Relationship between demand and supply?
1:inverse relationship between supply and demand 2:supply depends upon the demand of a commodity, that it might be positive or negative. 3:supply always depends upon demand but demand never depends to supply. 4:a supply never affects the demand of a commodity but demand always affect to its supply. 5:demand is the initial stage but supply is the stage after demand. 6:supply have a positive relations to price whereas demand has a negative relations with price. 7:supply and price has a direct relations or positive relation. 8:law of supply relates to the price and supply of a particular commodity in a particular time period. 9:price has a connections with demand and supply that it affects both supply in a positive way and demand in a negative way and if price changes then both demand and supply will change. 10:demand curve shows the changes positions of demand in a different price level of a particular commodity where demand schedule also shows the changes positions of demand in a different price level of a particular commodity, hence both have a common objectives to depict the same result in a different way.
What is the difference between income elasticity demand and price elasticity demand?
price elasticity is the degree to which demand for a good will change relative to a change in the price of that good. Income elasticity is the degree to which demand for a good will change relative to a change in the spending power of the consumer. it is the percentage change in quantity demanded/percentage change in price.
Why is there an inverse relationship between demand and price?
If something is in high demand but there is a limited supply of it then the price goes up. Kinda of like the price of gasoline. There isn't a limited supply and alot alot of people need it for their cars and other things etc so it drives the price. If there isn't a high demand for it then the price is generally reasonable. They are inversely related. Directly related is supply and demand.
Is there a demand for Mandela coins?
YES there is agreta demand
What is elasticities approach?
analysis of the balance of payments based upon the price elasticities of demand for imports and exports
What other elasticities of demand are there besides price income and cross-price?
Adverisement Elasticity of Demand
Why is the demand curve not representative of price elasticity?
price elasticities are always negative hence brings ambiguities in the demand curve
What is marshall lerner condition?
The condition that the sum of the elasticities of demand for exports and imports exceed one (in absolute value); that is, hX + hM > 1, where hX, hM are the demand elasticities for a country's exports and imports respectively. Assuming the current account balance = 0 and supply elasticities are inifinte (necessary but not sufficient) this is the condition for a depreciation to improve the trade balance
What is an elasticity approach?
analysis of the balance of payments based upon the price elasticities of demand for imports and exports
What are the determinants of the dead weight loss in economics?
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
What is the merits of elasticities of demand?
It helps the producer to know the type of goods to produce when goods of the same substitute exist.
What are demand distinctions in managerial economics?
Explain the managerial uses of demand distinction
What is the purpose of charging different groups of customers different prices?
The purpose of charging different customers different prices is to meet their demand elasticities.
When will new moon be on on demand?
it hits theaters on Nov. 20
Calculating income and cross price elasticities from a demand equation. Examples and workings please?
Suppose demand for inkjet printers is estimated to be Q = 1000 - 5p + 10pX - 2pZ + 0.1Y. If p = 80,pX = 50,pZ = 150, and Y = 20,000;
Is twilight Breaking Dawn on on demand?
Not yet. It just came out in theaters. I saw it and it's GREAT!
