Why should two people going to stadium be charged different prices for the same game?
Why should two people going to stadium be charged different prices for the same game?
Homework Answers
Two people going to the stadium can be charged different prices according to the time and day of booking,and the type of seat they want to book.
For example people booking tickets a month before the game can be charged a lower price compared to those who are booking the day before.The price will depend on the elasticity of demand.The elasticity of demand is less the day before the game and vice versa.
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Why should two people going to stadium be charged different
prices for the same game?
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