Question

The movie theater in your neighborhood charges lower ticket prices to senior citizens than to other patrons. assuming that this pricing strategy increases the profits of the movie theater, we can conclude that senior citizens must have a ________ for movie tickets than other patrons.

Answer 1

The answer in the space provided is greater demand. It will result into a greater demand because they charge lower ticket prices to seniors and by this, they will likely be attracted to this proposal and by that, the demand will increase in which the demand for the product will be increase.