Ok, I have heard a lot of answers or suggestions, as to why the prices for popcorn and other snacks at the movies are outrageous. I read, what I think is the best answer, in an old economics textbook by David Friedman and here it goes, and yes this is my summation: The theater's need to keep the ticket prices low enough to get the poorest of society in the seats along with the rest of the world to maximize profits, and since the affluent, who would have paid more for the tickets, but didnt have to, will have plenty of money left over for high priced popcorn, and we all know the rich wont try to smuggle in pop and snacks. So therefore the theaters get as much as they can from the poor among us and the most that they can from the rich.
Feel free to add comments as to how this may say something about the price of a hot dog at the games.
