Mad_Cyril Thanks Dave, question was specific to tickets for gigs, which I had (naively) assumed were a fixed cost.
Familiar with the wider economic use of dynamic pricing.
You OK though babes? Worried seeing Rhouses’ new Sneaks has induced some form of )hopefully temporary) AssBERKers?
Chill MC, fucking hell. Soz.
*Also you mean ‘fixed price’ - fixed cost means costs (of production) that don’t change with output/number of customers. Fixed cost would be cost of renting the space and electricity for putting on a gig. (Variable cost would be cost of something like cost of printing passes, depending on numbers sold).