Question: Consider the movie ticket and popcorn example discussed in Section 17.7. If the marginal cost of popcorn is instead $1 per bag, what is the

Consider the movie ticket and popcorn example discussed in Section 17.7. If the marginal cost of popcorn is instead $1 per bag, what is the profit-maximizing price of a movie ticket? Explain intuitively why this profit-maximizing price is different from the price-maximizing price in Section 17.7.

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