Using Variable Pricing in Response to Demand Variability Tomaximize Revenue

question 40

Multiple Choice

Using variable pricing in response to demand variability tomaximize revenue using perishablecapacity is known as

• A)yield management.
• B)profit minimization.
• C)capacity loading.
• D)demand optimization.
• E)perishability avoidance.

---

Definitions:

Banking System

The network of banking institutions and regulations that provide financial services to individuals, businesses, and the government.

Excess Reserves

The amount of reserves a bank holds beyond the required minimum, which can be lent out to stimulate economic activity or held to meet future needs.

Create Money

The process by which central banks or monetary authorities increase the money supply.

Deposit Account

A deposit account is a bank account that allows the holder to deposit and withdraw money, often earning interest, including savings accounts, checking accounts, and other transaction accounts.