Many service businesses use off-peak pricing, which consists of charging different prices during different times of the day or days of the week to reflect:
A)deviations from standard profit policies.
B)variations in demand for the service.
C)variations in costs of delivering service.
D)holidays and other special promotional events.

Question

Quizplus · Accepted Answer

Off-peak pricing is used to reflect variations in demand for the service. By charging lower prices during low-demand periods, service businesses can attract more customers and make better use of their resources during times when they would otherwise be underutilized. This can help to increase overall revenue and profitability.

Many Service Businesses Use Off-Peak Pricing, Which Consists of Charging