500 word paper press release off of scenario

Hello, This is the 2nd part of the assignment. I have attached the 1st paper you did. Thank you!!

Continue with the situation from Assignment 2.2. Assume that your supervisor decided to not offer (supply) any tickets for less than $400. Two months later, sales have plummeted, and the local news stations are asking for an explanation of your recent decision.

Your supervisor has asked you to write a press release addressing the following:

  • Explain the reasons for the companies decisions to not offer any tickets for less than $400 any longer (you have some flexibility in the reasons you think would be valid and appropriate here)
  • Tactfully persuade customers to purchase more of your existing tickets

Posting Requirements:

  • Your first post should be at least 500 words in length.

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