Anika runs a small movie theater that shows older films. She currently shows 3 movies a day, sells tickets for $5, and averages 50 customers. One weekend, she decides to show 4 movies and sell tickets for $6 a piece. When she tallies her receipts at the end of this weekend, she realizes that she actually had 70 customers. Based on this information, Anika has incentive to do what?

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Adam Moreno

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20 September, 13:56

Anika runs a small movie theater that shows older films. She currently shows 3 movies a day, sells tickets for $5, and averages 50 customers. One weekend, she decides to show 4 movies and sell tickets for $6 a piece. When she tallies her receipts at the end of this weekend, she realizes that she actually had 70 customers. Based on this information, Anika has incentive to do what?

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Evan Peters · Answer 1

Offer more tickets for the sell

Explanation:

From the above condition we can observe that the average number of customer increases with the increase in the movie she shows. when she was showing only three movies the ticket price was cheaper but the customers were also less.

Then addition of a movie with raised ticket price still attracted more customer than average when three movies were sold. From these data we can conclude that she can offer more tickets for sale as the number of customers is increasing.