Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Business & Finance Posted 26 Jun 2018 My Price 5.00

professional sports teams

Many country clubs and professional sports teams use a creative pricing 

strategy for memberships in the case of country clubs or seating in the 

case of professional sports. For example, the Country Club of York, in 

York, PA, charges members a one-time initiation fee of $22,500 and then 

charges monthly dues of $400. For top of the line season tickets at 

M&T Bank Stadium, the Baltimore Ravens charge fans a one-time fee of

$8,000 for a personal seat license and then $1,250 per game. How do 

pricing structures like these relate to the concept of consumer surplus?

Answers

(5)
Status NEW Posted 26 Jun 2018 10:06 PM My Price 5.00

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