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Flying across the Pacific Ocean is an eight-hour trip that could be dreadful if you did not fly Singapore Airlines. One frequent flyer between the U.S. and Japan noted its "cabin crew do not give the usual impression of doing passengers a favor by taking care of them. In short, they make flying with Singapore Airlines a pleasure". In terms of the services marketing triangle, the cabin crew engages in _____ marketing.
Marginal Cost
The change in total cost that arises when the quantity produced is incremented by one unit; essentially, it is the cost of producing one more unit of a good.
Output
The quantity of goods or services produced by a firm or economy.
Total Revenue Curve
A graphical representation that shows how total revenue changes as the quantity sold of a good or service changes, holding all other factors constant.
Marginal Revenue
The increase in revenue that results from the sale of one additional unit of output.
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