5 ms·
yes, but... $10 ticket + $10 concessions = $10 net revenue (%25 of the ticket and %75 on concessions) $20 ticket + no concessions = $5 net revenue. It is the
by fr0sty 16y ago
yes, but...
$10 ticket + $10 concessions = $10 net revenue (%25 of the ticket and %75 on concessions)
$20 ticket + no concessions = $5 net revenue.
It is the same reason CEO's take $1 salaries and stock grants/options. Salaries are taxed at %36-9 but long-term capital gains tax is only %15.
- eru 16y agoYes. Though we wouldn't know whether the percentage rates would stay the same, if concessions weren't allowed. The current rates were negotiated with concessions in mind.