When Yield Management Is Implemented Which One of the Following

question 6

Multiple Choice

When yield management is implemented which one of the following does not result:

• A) consumer surplus increases
• B) multiple prices are offered
• C) capacity is more fully utilized
• D) market for the service is segmented

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Definitions:

Inefficient

Refers to a situation or process that does not maximize the use of resources or achieve the desired outcome effectively.

Attainable

Something that can be achieved, reached, or accomplished with effort and resources available.

Production Possibilities Curve

A graph that shows the maximum number of goods or services that can be produced with limited resources.

Shift Inward

A decrease in the supply or demand of a product, represented by a leftward movement on a graph.