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Which of the following is a reason why airline yield management is an effective method to increase revenue?

zmudasam

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Which of the following is a reason why airline yield management is an effective method to increase revenue?

Which of the following is a reason why airline yield management is an effective method to increase revenue?

• because airlines have invested heavily in developing computer models that identify optimal pricing strategies in the various market segments

• because airlines have successfully induced customers to reveal their resources and preferences by offering them different versions of the product such as business class and coach plane tickets

• because a ticket is a contract to transport a specific person, and is not transferable

• because airlines have a monopoly in long-distance carriage

Textbook

Microeconomics

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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zmudasam Author

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Thank you, thank you, thank you!

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Just got PERFECT on my quiz

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Helped a lot

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