Economics -- Profits, Costs, and Essay

Open, View, and/or
Download this Document

Total Length: 311 words ( 1 double-spaced pages)

Total Sources: 2



Unlike the situation with retail consumer goods whose production costs can be readily amortized by reduction in cost-per-unit production, the theater does not produce tangible goods. Therefore, the marginal cost of entertaining each additional audience member is so small that it becomes negligible. By increasing ticket prices only a dollar or two, the theater could likely maintain most of its clientele and avoid reducing its appeal to new customers, thereby increasing profits.

Stuck Writing Your "Economics -- Profits, Costs, And" Essay?

View All Our Example Economics -- Profits, Costs, and Essay

Have A Custom Example Essay Written

Diseconomies would not develop unless or until the theater decided to expand its facilities or to purchase additional movies based on the expectation that a full house could be maintained and then experienced insufficient additional patronage to offset those additional costs (McConnell, Brue, & Flynn, 2008)......

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Economics -- Profits Costs And" (2011, June 22) Retrieved July 2, 2025, from
https://www.aceyourpaper.com/essays/economics-profits-costs-42703

Latest MLA Format (8th edition)

Copy Reference
"Economics -- Profits Costs And" 22 June 2011. Web.2 July. 2025. <
https://www.aceyourpaper.com/essays/economics-profits-costs-42703>

Latest Chicago Format (16th edition)

Copy Reference
"Economics -- Profits Costs And", 22 June 2011, Accessed.2 July. 2025,
https://www.aceyourpaper.com/essays/economics-profits-costs-42703
   

Open, View, and/or
Download this Document
order custom essay example