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The average ticket prices for concerts held by 6 different artists in 2000-01 are as follows: Barbra Streisand $483.61 Luciano Pavarotti $105.78 The Eagles $ 89.22 Bruce Springsteen $ 65.20 George Strait $48.60 Phish $30.50 Given that the incremental costs of mounting a show are roughly the same for all performers, what do you think accounts for the wide variation in the average ticket price commanded by the artist? Do you believe that all of these artist are seeking to maximize expected revenue for their concerts? If not why not, and what might they be trying to do?

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