rfreeman
Well-known member
- Joined
- Nov 25, 2020
For a private business it would be irrational to price based on costs. You price to maximize revenue. Find the optimal place on the curve where the # of sales you lose by raising the price makes it less profitable to raise the price.I wonder which hill has a bigger payroll and overhead. Do you think operating costs have anything to do with ticket price for ORDA hills? Are they just indexing off competitors?
Admittedly a govt run operation may not price to maximize profit.