Economics
Why movie prices are the same, but different for live concerts
It is a good entertainment experience to watch a film or concerts on causal occasion. However, there is an unanswered question as to why all seating prices are the same for a film in a cinema. Why don’t cinema industry set different ticket prices for different seats from the first row to the last row in a room that is available to hold almost 200 audiences? While different seating prices vary greatly for concerts, the highest prices at concerts are over hundreds of dollars more expensive than the most expensive cinema ...