QUESTION 18 of 20: The Columbus Blue Jackets have elected to use the cost-based pricing model. The cost of a ticket in the 200 level is $50, and the Blue Jackets want to apply a mark-up percentage of 200%. Determine the price of the ticket.

Economics:
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ISBN:9781285859460
Author:BOYES, William
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Chapter25: Monopoly
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QUESTION 18 of 20: The Columbus Blue Jackets have elected to use the cost-based pricing model. The cost of a ticket in the 200 level is
$50, and the Blue Jackets want to apply a mark-up percentage of 200%. Determine the price of the ticket.
O a) $50
Transcribed Image Text:QUESTION 18 of 20: The Columbus Blue Jackets have elected to use the cost-based pricing model. The cost of a ticket in the 200 level is $50, and the Blue Jackets want to apply a mark-up percentage of 200%. Determine the price of the ticket. O a) $50
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