If Big Pools charges an annual membership fee of $500 per person for the use of their pool and charges a $4 fee each time a member uses the pool, this is an example of _______.
A)an all- or- nothing offer
B)two- part pricing
C)commodity bundling
D)a single pricing scheme

Question

Quizplus · Accepted Answer

This is an example of two-part pricing, where there is a fixed fee (annual membership fee of $500) and a usage fee ($4 each time a member uses the pool).

If Big Pools Charges an Annual Membership Fee of $500