According to "All time box office rank", Avengers: Endgame in 2019 is the highest life time gross at $2.7 billion. FYI, Box office is calculated with the number of ticket sales multiplied by the price of ticket. However, your grandpa said "No, that's not true, when I was young, everyone went to see Star Wars: Episode IV - A New Hope, back in 1977. I am sure that Star Wors Episode IV probably sold more tickets than Avengers Endgame.". It turned out that your grandpa was right. Explain succinctly why.
According to "All time box office rank", Avengers: Endgame in 2019 is the highest life time gross at $2.7 billion. FYI, Box office is calculated with the number of ticket sales multiplied by the price of ticket. However, your grandpa said "No, that's not true, when I was young, everyone went to see Star Wars: Episode IV - A New Hope, back in 1977. I am sure that Star Wors Episode IV probably sold more tickets than Avengers Endgame.". It turned out that your grandpa was right. Explain succinctly why.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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According to "All time box office rank", Avengers: Endgame in 2019 is the highest life time gross at $2.7 billion. FYI, Box office is calculated with the number of ticket sales multiplied by the
However, your grandpa said "No, that's not true, when I was young, everyone went to see Star Wars: Episode IV - A New Hope, back in 1977. I am sure that Star Wors Episode IV probably sold more tickets than Avengers Endgame.".
It turned out that your grandpa was right. Explain succinctly why.
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