The price elasticity of demand for tickets to local baseball ames is estimated to be equal to .89 in order to boost ticket revenues, an economist would advise increasing the price of game tickets because demand is inelastic
Options for Payment from Ticket Sales The Inlet Theatre Box Office offers two ways to pay for tickets: • A check, which can take up to 4 weeks to arrive after the event; (takes 1 to 2 weeks to receive following the event). You further acknowledge and concur that any delay or withholding of Net Ticket Revenue in compliance with this clause is not our fault. In each Operating Year, the Incentive Fee should be equal to fifty percent (50%) of Net Ticket Revenue over $200,000 in gross sales. You understand and accept that our payment processors' timing determines when payments are delivered. You understand and agree that in the event that we, in our sole discretion, decide to postpone or withhold payment of Net Ticket Revenue
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