A Service Provider Faced with Different Demand Curves for Different

question 29

Multiple Choice

A service provider faced with different demand curves for different segments during the same time period would likely NOT:

• A)offer the same service to all segments
• B)establish different classes of service
• C)price each class of service according to its demand curve
• D)add value to the core service for higher paying segments
• E)vary the basic service for each segment

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Definitions:

Bandura's Fortuitous Events

Refer to events that occur by chance and can have significant impacts on an individual’s life, according to Albert Bandura’s social cognitive theory.

Behavior

The manner in which an individual or entity acts or conducts themselves, especially towards others.

Skinner's Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, advocated by B.F. Skinner, emphasizing the effects of reinforcement on behavior.

Reinforcers

Stimuli which, when presented after a behavior, increase the likelihood of that behavior being repeated.