When Yield Management Is Implemented, Which One of the Following

question 31

Multiple Choice

When yield management is implemented, which one of the following does not result?

• A) Consumer surplus increases.
• B) Multiple prices are offered.
• C) Capacity is more fully utilized.
• D) Market for the service is segmented.

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Definitions:

Shape Constancy

The perceptual phenomenon where the perceived shape of an object remains constant despite changes in the viewing angle or distance.

Retinal Image

The image projected onto the retina, which is the light-sensitive layer at the back of the eye.

Increasingly Larger

Describes a process or condition that grows or expands in size, volume, or quantity over time.

Distance

A measurement of the space between two points, often discussed in the context of physical space but also applicable in abstract senses.