A concert is given for which 5,000 seats remain unsold.The impossibility of saving those seats for sale at another time is related to which characteristic of services?

Question

Quizplus · Accepted Answer

The impossibility of saving those seats for sale at another time is related to the perishability characteristic of services. Services are considered perishable because they cannot be stored, and any unsold seats at a concert cannot be saved for sale at a later time. Once the concert is over, the opportunity to sell those seats is gone forever.

A Concert Is Given for Which 5,000 Seats Remain Unsold