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You manage a movie theater that can handle up to 8 , 0 0 0 patrons per week. The current demand, price, elasticity for ticket
You manage a movie theater that can handle up to patrons per week. The current demand, price, elasticity for ticket sales, and popcorn information are given in below. The theater would like to keep and above revenues from ticket. Due to the fact that popcorn is on sale and assume each patron will buy a can of popcorn when they buy tickets. Assuming linear demand curves, how can the theater maximize profits?
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