this post was submitted on 01 Aug 2024
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[–] deadbeef79000@lemmy.nz 39 points 3 months ago* (last edited 3 months ago) (15 children)

Cinemas: our business model sucks so much we have to sell overpriced food!

So? Just die already. Bye.

[–] Paranomaly@sh.itjust.works 12 points 3 months ago (4 children)

Unfortunately they're trapped. If they lowered the price of food and raised the price of admission to compensate people wouldn't notice. In fact, they wouldn't even make it to the food to see, they'd just know that one cinema has $10 admission and the other has $20.

They could advertise that they have lower concession cost to attract people, but there would be enough people thinking "I'll just go to the cheap one and bring my own food/not buy food." that momentum wouldn't move into their favor.

[–] deadbeef79000@lemmy.nz -1 points 3 months ago

That sounds like the invisible hand of the market weeding out failing competitors.

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