Which of the Following Is a Reason Why Airline Yield

question 256

Multiple Choice

Which of the following is a reason why airline yield management is an effective method to increase revenue?

• A)because airlines have invested heavily in developing computer models that identify optimal pricing strategies in the various market segments
• B)because airlines have successfully induced customers to reveal their resources and preferences by offering them different versions of the product such as business class and coach plane tickets
• C)because a ticket is a contract to transport a specific person, and is not transferable
• D)because airlines have a monopoly in long-distance carriage

---

Definitions:

Experimental Study

A research method where variables are manipulated to determine their effects on certain outcomes, allowing researchers to establish causal relationships.

Human Development

The process of growth and changes in humans throughout the life span, from infancy to adulthood, encompassing physical, cognitive, and socioemotional development.

Gerontology

The scientific study of aging and the problems facing older adults.

Abnormal Psychology

The study of psychological disorders and abnormal behaviors, including their symptoms, causes, and treatments.