Suppose that most fans prefer Sunday afternoon baseball games (regardless of opponent) to all other types of games. Describe two pricing strategies that a team could use to increase profits based on this difference in demand.

(1) The team could give some percentage discount or incentives for other days.

(2) The team can engage in discriminate pricing, selling at a higher price on Sundays afternoons.

Explanation: Pricing strategy is the process through which the price of a particular goods or service is determined, pricing strategy is essential for a successful business and to ensure profitability.

Price discrimination is one of the process or Strategies that can be used to price products or services. Price discrimination ensures that different prices are given for different services or times or products.

THE TEAM CAN IMPLEMENT PRICE DESCRIMINATION BY INCREASING THE PRICE FOR SUNDAY AFTERNOON GAMES.

IT CAN ALSO GIVE SOME DISCOUNTS OR INCENTIVE TO ATTRACT PEOPLE TO WEEK DAY GAMES.

THE TEAM CAN IMPLEMENT PRICE DESCRIMINATION BY INCREASING THE PRICE FOR SUNDAY AFTERNOON GAMES.

IT CAN ALSO GIVE SOME DISCOUNTS OR INCENTIVE TO ATTRACT PEOPLE TO WEEK DAY GAMES.

a progressive tax is a tax that imposes a lower tax rate on low-income earners compared to those with a higher income, making it based on the taxpayer's ability to pay. that means it takes a bigger percentage from high income earners than it does from low income people.