Economics 9708 · AS & A Level · 7.8

7.8 — practice question

A rock band is scheduled to perform at a concert hall. To help generate a strong atmosphere, the band wants to sell every ticket. The ticket prices are fixed at the maximum level that will still ensure that all tickets are sold. What is the motivation behind this pricing strategy?

  • Aprofit maximisation
  • Brevenue maximisation
  • Csales maximisation
  • Dsatisficing

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