Movie theater popcorn named as one of America’s biggest ripoffs
Right up there with “free” credit reports and the ever tempting hotel minibar sitsmovie theater popcorn as one of the nation’s biggest ripoffs.
A medium bag of popcorn costs just 60 cents to make but retails for $6, a whopping 900% markup. That’s enough to make “Avatar” fans turn blue.
Richard McKenzie, an economics professor at University of California-Irvine, says theater owners mark up the snack so much because they don’t make a profit elsewhere.