In the Pricing of Services, Two Part Pricing Involves Which

question 43

Multiple Choice

In the pricing of services, two part pricing involves which of the following?

• A) a fixed fee component plus a variable usage rate
• B) a fixed price plus a variable price
• C) a basic service establishment fee plus an annual subscription fee
• D) a low basic price with an intention to recoup on selling extra services
• E) a membership fee plus a variable component

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Definitions:

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of human beings, emphasizing stages of identity and crisis throughout the lifespan.

Identity Cohesion

A psychological state where an individual’s sense of self is unified and consistent over time.

Role Confusion

A situation in which an individual is unsure about their role or identity, often occurring during adolescence as part of Erikson’s stages of psychosocial development.

Generativity/Stagnation

A stage in Erik Erikson's theory of psychosocial development where adults strive to create or nurture things that will outlast them, versus a sense of inactivity and personal impoverishment.