Movie theaters tend to charge higher ticket prices for evening and weekend shows. this implies that the demand for these tickets is relatively: a. inelastic b. elastic c. necessary d. unresponsive to income changes 5

A. inelastic

Explanation:

Inelastic demand is when people buy about same amount whether price drops or rises.

Even with the higher changes in the prices in the cinema, there is not considerable impact on Movie going audience. Also, addition to it, people go to cinemas at evening and weekend shows more than daytime shows or weekday shows even the tickets have price higher.

This shows that the inelastic nature of movie ticket demand.

a

explanation:

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.