Short Answer
A hockey arena has 2500 seats in the preferred red LOs near centre ice and 4500 seats in the less desirable blue LOs. At regular season prices, a sell-out would generate ticket revenue of $50,250 for a single game. Ticket prices are raised by 20% in the "blues" and 30% in the "reds" for the playoffs. Ticket revenue from a playoff sell-out would be $62,400. What are the ticket prices for the playoffs?
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$10.92 red...View Answer
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