Which pricing strategy, originally pioneered by airlines, has been widely adopted by major theaters and Broadway shows in the last decade to maximize revenue?

Theater and performing arts venues have developed sophisticated pricing strategies to maximize attendance while optimizing revenue. From dynamic pricing models to subscription packages, the industry has embraced innovative approaches to ticket sales. Test your knowledge of how performing arts organizations structure their pricing strategies in today's competitive entertainment landscape.

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Dynamic pricing (demand-based pricing that adjusts ticket costs based on real-time factors like sales patterns, day of week, and remaining inventory)
Bundled pricing (requiring purchase of merchandise or programs with every ticket)
Psychological pricing (setting all ticket prices just below round numbers, such as $19.99 or $49.95)
Loyalty-based pricing (tickets can only be purchased after joining a paid membership program)