If Health Spas Charges an Annual Membership Fee of $1,000

question 114

Multiple Choice

If Health Spas charges an annual membership fee of $1,000 for the use of their facilities and charges a $20 fee each time a member uses their facilities, this is an example of______ .

• A)an all- or- nothing offer
• B)a single pricing scheme
• C)two- part pricing
• D)commodity bundling

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Definitions:

Net Asset Value

The total value of all the assets held by an investment fund or company, minus any liabilities, typically expressed on a per-share basis for mutual funds and ETFs.

Dividend Income Distributions

Payments made to shareholders from a fund's income derived from dividends on stocks that it owns, typically made on a regular basis.

Capital Gains

The profit from the sale of an asset or investment above its purchase price.

Commingled Funds

Investment funds pooling assets from various accounts, allowing for diversified management and investment in a range of securities.