Question: Off - peak pricing refers to charging Multiple Choice different prices during different times of the day or during different days of the week to
Offpeak pricing refers to charging
Multiple Choice
different prices during different times of the day or during different days of the week to reflect variations in demand for the service.
different prices to different customers based upon their ability to pay.
lower prices when demand is high and higher prices when demand is low to stabilize revenue and profits during fluctuations.
one price to firsttime customers and reduced rates for repeat or loyal customers.
different prices based on the different levels of service quality offered.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
