Joesitz said:All of the above, and maybe some more.
Joe
Too true, but see, that's the beauty of mathematics. If you look at the demand curve D2, it starts at the upper left. This shows that there are a whole lot of people who would buy tickets if they were cheap.CzarinaAnya said:yeah, but if Collins lowers the price, maybe more people would be able to afford it. Therefore selling more tickets=more money for Tommy.
Cheap tickets, Yeeeaa! but will the artists take cuts in their salaries?Mathman said:Too true, but see, that's the beauty of mathematics. If you look at the demand curve D2, it starts at the upper left. This shows that there are a whole lot of people who would buy tickets if they were cheap.Mathman