You manage a movie theater that can handle up to 8,000 patrons per week.

The current demand, price, and elasticity for ticket sales, popcorn, soda,

and candy are given below. The theater keeps 45 percent of ticket

revenues. Unit cost per ticket, popcorn sales, candy sales, and soda sales are

also given. Assuming linear demand curves, how can the theater maximize

profits? Demand for foods is the fraction of patrons who purchase the given food.

B C D E F G H 2 3 elasticity current price demand cost ticket percentage 4 keep 45% ticket CO 3000 0.45 5 popcorn 1.3 3.5 0.5 0.4 6 soda 1.5 3 0.6 0.6 7 candy 2.5 2.5 0.2 1