Each student will prepare a case analysis (8 pages max) utilizing the case study framework outlined below. Please submit through the assignment folder.The written report should deal with the following issues:1.What are main factors that Noreasters should take into account in establishing a pricing policy? 2. Design a ticket pricing plan for the Noreasters first season. Be specific and explain your assumptions especially assumptions of cause and effect- that underline your strategy. 3. Using the pricing plan you have designed and given Buckinghams assumptions about concession sales will the team reach breakeven in the first year? If not what options does Buckingham have to reach his target?In responding to the above please do make relevant and appropriate use of data included in the case study. Also for case analysis you dont need to conduct additional research utilize the information presented in the case.See detailed instruction and rubric attachment below to follow.