Charging Different Prices to Maximize Revenue for a Set Amount

question 69

Multiple Choice

Charging different prices to maximize revenue for a set amount of capacity at any given time is referred to as

• A) demand-backward pricing.
• B) target pricing.
• C) skimming pricing.
• D) yield management pricing.
• E) penetration pricing.

---

Definitions:

Synapses

The junctions between neurons through which they communicate with each other using chemical or electrical signals.

Axons

Long, slender projections of nerve cells that transmit electrical impulses away from the neuron's cell body to other neurons or muscles.

Dendrites

The branched projections of a neuron that receive electrochemical signals from other neural cells and transmit these signals toward the cell body.

Newborn Sleeps

Refers to the sleep patterns and behaviors of newborns, often characterized by short cycles of sleep and wakefulness throughout a 24-hour period.