The few consideration that need to be addressed in establishing a pricing policy are

tickets and concessions revenue at each price point, attendance at each price point, and the
discounts offered amongst different price points. As addressed in the next previous question
assumptions of how many people will eventually go to each game is key to establishing a
price. However, if no one goes at all there is no reasonable price that can compensate for lack
of attendance. Competing with other forms of entertainment such as movies and bowling is
also important to consider.

To establish a pricing policy, nor’easters need to consider:

1. Revenue: at every price what kind of revenue they can expect from tickets as well as
from concession sales
2. Discounts: they should look for mind of discounts they can offer for various price
points
3. Attendance: they also need to anticipate how many people may purchase the tickets
and out of those how many actually end up going for each game at all the price points.
4. Competition: they may see people coming to watch the game as a substitution for
other