One of the criticisms of Broadway is that tickets are too expensive, but to encourage a new generation to enjoy Broadway, many theaters offer scaled prices, including discounts for students.
Regarding the sale of 50 tickets for $300 each -- this would depend upon the size of the venue. Some limited exchanges like this could fund more, less well-known groups to come to campus under the umbrella of the activities committee, but this practice should not dominate the business model of a university setting. Even in private, strictly for-profit enterprises, gouging is a serious issue of concern. Gas stations and companies that raise the price of gas prohibitively high because they 'can' or convenience stores in a city that raise the price of milk past a certain point in New York City are fined, because of the vital necessity of these products and the tendency for the product to be priced artificially high as a result. Although the tickets are not necessities like food and transportation, students are paying for an education, which includes primary access to various venues on campus as well as classes (hence, the existence of student discounts and privileges).
Finally, in the case of some companies, like drug companies that price drugs artificially high, there is again a question of taking advantage of people's necessity and desperation that demands certain moral action to lower prices. Finally, if people are alienated from seeing shows at the college, just as if society is deprived of necessities like food and medicine, ultimately all of the community is harmed, and these affects will harm the long-term health of the business, even if the financial short-term health is improved.
Question
Some people like gambling in Las Vegas. They are prepared to put their resources to support businesses that are probably not eco-friendly (massive energy use to keep the desert cool; water diverted to maintain golf...
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