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Amtrak Is Considering Two Pricing Strategies for Its Service

question 26

Multiple Choice

Amtrak is considering two pricing strategies for its service. One is to price its train tickets so that it is less expensive to travel on weekends than during the week when there is heavy business travel, which illustrates _____ pricing. The second is to price its train tickets so that the further away the travel date, the greater the discount, which is best described as _____.


Definitions:

Lesser Request

A smaller or less significant appeal or petition compared to others.

Comply

To act according to a request, command, or a set of rules.

Deindividuation

A psychological state where an individual in a group loses self-awareness and feels less responsible for their actions, often leading to uninhibited behavior.

Anonymous

Describes actions or statements made without revealing one's identity.

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