![]() ![]() Student progress and grades may be tracked from the Instructor page. Students click Run SIM and follow the lesson instructions. Students take the reading quiz (optional). ![]() Students complete the reading assignment (optional). Students sign in to SPORTS & ENTERTAINMENT discuss the pros and cons of dynamic pricing.discuss the concept of yield management pricing.see why different seats command different prices.consider basic relationships between price and demand.understand ticket pricing for both sporting events and concerts.Finally, students take control of pricing all the seats in their stadium and try to achieve a specific profit goal. Students review an income statement to see how their profitability is improving. Students then selectively price particular sections to sell them out at the highest possible price. This results in the best seats selling out, but none of the other sections. They then raise prices to a uniform higher level. Students begin by setting a low uniform price for all tickets at a football game. They are also introduced to the concept of yield management pricing. In this lesson, students explore the relationship between price and demand. To their account at vb. and go through the Tutorial. Prior to beginning work with SPORTS & ENTERTAINMENT, students should sign in To access a series of videos to help you get your classroom up and running with Virtual Business. Reading assignments (3.3 hours), reading quizzes (1.7 hours) and math quizzes (5 hours).įor instructions on how to configure your course, click ![]() You can configure your course to include or exclude (simulation exercises only) to 22 hours (simulation exercises, reading assignments The instructional time for SPORTS & ENTERTAINMENT **PLEASE NOTE: THESE PROJECTS ARE ONLY FOR STUDENTS PURPOSE ONLY.Lesson: Sports & Entertainment Mogul - Unique City Per Class To see Demo Video of this project please leave a comment below with your email id, we will send you demo video link of it.
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