Movie theatre popcorn
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Theatre popcorn is an economic marvel. The microwave-at-home variety costs less than 10 cents an ounce. But buy it at the movies, and you can pay more than $1 an ounce.
Theatre popcorn has such an astounding mark-up that Richard B. McKenzie, an economics professor at the University of California, Irvine, wrote a book titled Why Popcorn Costs So Much at the Movies: And Other Pricing Puzzles. McKenzie found that the average mark-up of an ounce of popcorn at the movie theatre is about 1,275 per cent.
* Bing: Is popcorn nutritious?
May 24 (Bloomberg) -- On today's "The Roundup," Alix Steel, Julie Hyman and Dominic Chu wrap up the day's top market stories on Bloomberg Television's ... More May 24 (Bloomberg) -- On today's "The Roundup," Alix Steel, Julie Hyman and Dominic Chu wrap up the day's top market stories on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Date 11 mins ago, Duration 3:19, Views 0
Video by: Bloomberg
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How many credit cards should one person have?
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- 73 %Just one. Credit cards should only be used for emergency situations.
13,305 votes - 16 %As many as you can. Credit cards are a great way to make purchases and get great rewards.
2,967 votes - 11 %None. You should never buy anything on credit.
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