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This season, the Chicago Bulls are looking to blend both the competition-based pricing and cost-based pricing models. They know that the chicago Blackhawks charge $500
This season, the Chicago Bulls are looking to blend both the competition-based pricing and cost-based pricing models. They know that the chicago Blackhawks charge $500 for seats in a particular section of the United Center. They also know that the cost of a seat in that sections is $25. What is the mark-up percentage that the blackhawks are applying to their tickets? A)%190 B)500% C)1000% D)1900%
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