If you have hundreds of thousands of people who want to see you, then charging too little just means that others will buy up all the tickets & sell them for what they are actually worth.
Setting prices too low will actually reduce the average person's ability to get a ticket.
Prices are not arbitrary.
Agorism would argue that the prices are arbitrary?
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How's that?
Yep, I used arbitrary and that is exactly the wrong word. I meant perhaps arbitrarily flexible based on scarcity, though that is an awful, awkward way to say relevant pricing guided by the principles of supply and demand. Apologies. 🙃
