Movie theatre popcorn
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?
Aug. 29 (Bloomberg) –- Retired U.S. Army General Wesley Clark discusses President Obama’s strategy in dealing with the Islamic State in Iraq and the si... More Aug. 29 (Bloomberg) –- Retired U.S. Army General Wesley Clark discusses President Obama’s strategy in dealing with the Islamic State in Iraq and the situation in Ukraine. He speaks on "Street Smart." (Source: Bloomberg)
Date 14-08-30, Duration 5:43, Views 2100
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- 3 days – I'm an unpacking MACHINE!
- I need a full month just to figure out where to put everything!
- 3 months – I use the boxes as end tables!
- NEVER! I still haven't unpacked everything from the last move.