A music venue discovers that its concerts consistently have empty seats in the back rows of the facility.If the venue owner uses marginal analysis to evaluate this situation, he should

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By lowering the ticket price for the back rows, it can encourage more people to purchase those seats and fill in the empty space in the venue. This can increase revenue and also increase the overall satisfaction of concert-goers who may not be able to afford or prioritize expensive front row seats. Removing rows or canceling concerts may not address the root cause of the issue and can potentially harm the business in the long run. Booking cheaper acts may not necessarily solve the empty seat problem and can also compromise the quality of the acts performing. Raising the price of front row seats may not be effective if there is not enough demand for those seats in the first place.

A Music Venue Discovers That Its Concerts Consistently Have Empty