Demand-Based Pricing Most Closely Relates to the ____ of Services

question 171

Multiple Choice

Demand-based pricing most closely relates to the ____ of services.

• A) perishability
• B) intangibility
• C) heterogeneity
• D) customer contact aspect
• E) inseparability

---

Definitions:

P-value

A measure in statistical hypothesis testing representing the probability of obtaining test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is true.

Test Statistic

A value calculated from sample data that is used in a hypothesis test to decide whether to reject the null hypothesis.

P-value

The probability of observing test results at least as extreme as the results actually observed, under the assumption that the null hypothesis is correct.

Tenure

The period or duration a person holds a particular status, position, or occupation, often used in the context of employment or property ownership.