Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior?

Name: Many theaters sell empty seats at a deep discount just before show time. What economic concept is displayed by this behavior?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This behavior exemplifies "thinking at the margin," where theaters evaluate the additional benefits and costs of selling tickets at a lower price just before showtime, rather than letting them go unsold.

Many Theaters Sell Empty Seats at a Deep Discount Just