Why have movie ticket prices and more so popcorn prices vastly outstripped inflation.
In: Economics
A cinema near me recently dropped it’s prices from £11-13 per ticket (insane) to £5 per ticket (great price). I expect they’ll soon be out of business because you don’t make a drastic change like that unless you’re really struggling. Unfortunately it probably isn’t possible for most cinemas to charge what customers would consider reasonable unless they have a very high local population.
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