Popcorn Movie Experience Gets Pricier Cinemas are raising the price of popcorn. Demand for field corn, which
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“Popcorn Movie” Experience Gets Pricier Cinemas are raising the price of popcorn.
Demand for field corn, which is used for animal feed, corn syrup, and ethanol, has increased and its price has exploded. That’s caused some farmers to shift from growing popcorn to easier-togrow field corn.
Source: USA Today, May 24, 2008 Explain and illustrate graphically the events described in the news clip in the market for
a. Popcorn
b. Movie tickets
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