A Hotel Using Yield Management Would ________ Prices If Demand

question 21

Short Answer

A hotel using yield management would ________ prices if demand is higher than expected only if the expected result is ________.

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Definitions:

Sepal

One of the outermost parts of a flower, usually leaflike in appearance, that protects the flower as a bud.

Flower Bud

A flower bud is a small embryonic flower, encased in protective scales, which develops into a mature flower upon growth and favorable conditions.

Protect

To cover or shield from exposure, injury, damage, or destruction.

Parallel Veins

A vein pattern in plant leaves where the veins run parallel to each other from the base to the tip, common in monocots.