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3 years ago

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Suppose you were deciding on a ticket price for a fundraiser dinner. There may be a temptation to continue to raise the ticket s

ales to increase the amount of money raised. Sounds like an okay idea to raise the most money possible for a charity. You may have heard of a guest speaker at a fundraising dinner where people are charged $100 a plate or more. What do you think is a realistic price for tickets? What are the consequences of raising the price $50 or $100 to $150 a plate or $200 a plate.

1 answer:

cestrela7 [59]3 years ago

6 0

Answer:

$50 per ticket.

Step-by-step explanation:

Although it is tempting to keep raising the price for a higher profit, if you raise the price by too much, people will stop buying tickets and you will not gain as much money as you could have gotten with, say, $50 per plate.

The more you raise the price, the less tickets you can sell.

Hope this helps!

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