Section 1 of 5
Name: Prompt and Initial Brainstorming

A well-known annual music festival has been operating successfully in one city for several years, but despite consistently selling out tickets, it has seen flat revenue growth. Festival leadership aims to increase total revenue for the upcoming festival season and is considering two potential strategies. Option A is to increase ticket prices. Option B is to add a second weekend to the festival. Develop a framework to evaluate these two options. Think about what factors matter and how you would compare the tradeoffs.