Many Cellular Phone Plans Contain a Certain Number of Anytime

question 163

Multiple Choice

Many cellular phone plans contain a certain number of anytime minutes and then either significantly more or even unlimited night and weekend minutes. This is an example of

• A) time-based pricing.
• B) off-peak demand.
• C) demand-based pricing.
• D) time dependence pricing.
• E) bundled costing.

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Definitions:

Australian Dollars

The currency of Australia, often represented as AUD, which is the legal tender in Australia and its territories.

Exchange Rate

The worth of one currency compared to another, establishing the amount of one currency equivalent in another currency for conversion purposes.

U.S. Dollars

The official currency of the United States, used as a standard monetary unit in international finance.

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The official currency of Denmark, Faroe Islands, and Greenland.