Which of the Following Strategies Increases the Supply of Service

question 12

Multiple Choice

Which of the following strategies increases the supply of service available to consumers?

• A)the use of creative pricing strategies
• B)the use of reservation systems
• C)capacity sharing
• D)developing complementary services
• E)developing nonpeak demand

---

Definitions:

Mean and Median

Statistical terms where mean refers to the average of a set of numbers, and median is the middle value when these numbers are arranged in order.

Measure of Central Tendency

A statistical measure that represents the center point or typical value of a dataset, commonly identified via the mean, median, or mode.

Variance

A statistical measure that represents the degree of spread or dispersion of a set of data points, calculating the average of the squared differences from the mean.

Measures of Central Tendency

Statistical measures that describe the center position of a distribution for a data set, including mean, median, and mode.