July 18, 2008

$150 For a Movie Ticket? Supply and Demand At Work

It's opening weekend for Batman's The Dark Knight," and tickets are going for over $100 on Craigslist in New York City. The predictable result of a high demand and a limited supply is of course a high price. My cost/benefit analysis is $10 or less, see the movie; over $10, its Netflix. The movie's reviews have been very favorable, and I look forward to seeing it...just not this weekend.

2 comments:

Anonymous said...

I would never pay that much to see a movie! I haven't even seen it yet!

Nicole A said...

i had a high demand to see this movie too but not that high to pay 100 dollars to see it. 10$ is good for me.