Yield management offers "each customer a different price at a different point in time."

Question

Quizplus · Accepted Answer

Yield management is a pricing strategy that involves offering different prices to different customers based on factors such as demand, availability, and time of purchase. This allows businesses to maximize revenue by charging higher prices to customers who are willing to pay more, while still attracting customers who are more price-sensitive.

Yield Management Offers "Each Customer a Different Price at a Different