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?

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
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Chapter14: Monopoly
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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?
Transcribed Image Text: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?
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