Ticketing Definitions
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| Price | show 🗑
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| Revenue | show 🗑
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| show | The amount of goods or services that customers want to buy. Ticket prices for a sporting event should be determined by the demand that exists for that event.
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| show | Setting different prices for goods or services in an effort to maximize revenue when limited capacity is a factor.
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| Dynamic pricing | show 🗑
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| show | The cost of producing one additional good or making one more of a commodity (like a seat at a stadium) available.
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| show | Individuals or companies who purchase tickets in bulk to artificially constrict demand and drive up prices.
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| show | Companies that stadium owners use to manage their ticket sales.
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