Question 3 While charging a normal admission fee for adults most days of the week, local cinema offers special low price for ladies’ admission every Wednesday. Why do you suppose the cinema often price this way, offering lower fee on one day during the week? Why would they choose a day like Wednesday rather than Saturday?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Question 3
While charging a normal admission fee for adults most days of the week, local cinema offers special low price for ladies’ admission every Wednesday. Why do you suppose the cinema often price this way, offering lower fee on one day during the week? Why would they choose a day like Wednesday rather than Saturday?

Question 4
Choose any one brand and identify its market structure. Explain the characteristics of this brand to conform with the structure.

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