The supply of movie tickets at one theater's box office for this Saturday's 4:30 show of a new movie is
A) perfectly elastic until all seats are filled.
B) unit elastic.
C) perfectly inelastic.
D) elastic.

Question

Quizplus · Accepted Answer

The supply of movie tickets for a specific show is perfectly inelastic because the number of seats available cannot change regardless of the demand; the theater cannot add more seats to meet higher demand for that particular showtime.

The Supply of Movie Tickets at One Theater's Box Office