Business
25.05.2022 18:27
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Assume that you are an officer of your campus theater club. You are at a meeting
Assume that you are an officer of your campus theater club. You are at a meeting called to discuss ticket prices. One member says,"What I hate to see most of all is empt seats in the theater. We sell out every weekend performance, but there are always empty seats on Wednesdays. If we cut our Wednesday night prices by enough to fill up the theater, we'd bring in more money." Would this tactic really bring in more revenue? What would you need to know in order to be sure?
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antoinetteee03
4,5(46 marks)
The answer to this question can be defined as follows:
Explanation:
Yeah, its strategy would produce many sales and we might cut rates by Wednesday evening because the rates of the film are usually on Wednesday evening and if we put costs down of its bill, many customers will flock to view the movie, so their tickets will be allocated as tickets would be cheap and sooner, and seats are half reserved.
Thus only a few previous seats are allocated and now the whole theatre is full. Previous to the appointments, there were only a few demands of reservations, that increased after the price of the ticket declined.
HtetPaing9281
5,0(10 marks)
It brings together different perspectives
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