Yield Management pricing is a form of dynamic pricing.
Option-2
<u>Explanation:
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Marketing professionals build an overall price plan in accordance with the purpose and principles of the company. This value policy is generally part of the overall long-term strategic plan of the business.
Where advertiser aims at maximizing profits, in the context of income driven pricing, for instance, dynamic pricing (also referred to as yield management). Control of yields is a variable pricing concept based on awareness, expectation, and manipulating human behavior to maximize sales and benefit from a fixed time constraint.
Answer:
D. Cross traffic and oncoming traffic are stopped with a red light.
Explanation:
Answer:
$15 per hour
Explanation:
In order for a profit maximizing firm to operate in a competitive market, the marginal revenue product (MRP) must be equal to the marginal cost (MC).
MRP = 1.5 oil changes per hour x $10 per oil change = $15
since MRP = MC, then Linda should pay her worker a maximum of $15 per hour
It will not only bring down your electricity bills, but it will also reduce the amount of pollution caused by electricity plants in our environment and in even in human health. It is a good source of energy that we can use and help conserve natural resource.