12. Suppose that most fans prefer Sunday afternoon baseball games (regardless of
ID: 1224270 • Letter: 1
Question
12. Suppose that most fans prefer Sunday afternoon baseball games (regardless of opponent) to all other types of games. Describe two pricing strategies that a team could use to increase profits based on this difference in demand.
13. Suppose over five seasons, the order of finish for five teams in the West League and the East League is as follows. Use the HHI to determine which league has better competitive balance across seasons.
East League Season 1 2 3 4 5 West League Season 1 2 3 45 A A A E E A BCDE B B D D D E A A A A C CC C C C B D E D E E E A A D EE CCExplanation / Answer
12.
There can be several pricing strategies can be taken in this case. The one can be the team might use the bundling option under which it can bundle the sunday afternoon games with other less wanted games such as thrusday or Tuesday nights. This would enable them to sell tickets which were not possible or easy to sell if those were sold as unbundled ticket.
The next strategy I would use is first-degree price discrimination.
This is when the team knows all the information so they can charge a specific amount to each person which results in eliminatating deadweight loss.
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