Charging Different Prices to Maximize Revenue for a Set Amount

question 69

Multiple Choice

Charging different prices to maximize revenue for a set amount of capacity at any given time is referred to as

• A) demand-backward pricing.
• B) target pricing.
• C) skimming pricing.
• D) yield management pricing.
• E) penetration pricing.

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Definitions:

Heteronormativity

The belief system or social bias that presumes heterosexual relationships and norms as the default or only valid option.

Transsexuals

Transsexuals are individuals who have a gender identity that is different from the sex they were assigned at birth and who often seek to live as, or transition to, the gender with which they identify, sometimes involving medical intervention.

Physical Violence

The use of physical force with the intention of causing harm, injury, or physical suffering to an individual or group.

Homosexuals

Homosexuals are individuals who are emotionally, romantically, or sexually attracted to people of the same gender.