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zmudasam zmudasam
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Posts: 473
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5 years ago
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: 7th
Authors:
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austireaustire
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Posts: 408
5 years ago
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zmudasam Author
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5 years ago
Thanks for your help!!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Just got PERFECT on my quiz
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