When selling a service, many firms use two- part pricing which includes a fixed fee plus a variable usage rate.

Name: When selling a service, many firms use two- part pricing which includes a fixed fee plus a variable usage rate.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. Many firms use two-part pricing, which consists of a fixed fee and a variable usage rate, to sell their services. The fixed fee covers the cost of providing the service, while the usage rate is based on how much the customer utilizes the service.

When Selling a Service, Many Firms Use Two- Part Pricing