The mix of price-quantity combinations that produces the highest level of revenues for a given time is determined through
A) price-floor pricing.
B) the expected value concept.
C) yield management pricing.
D) cost-plus pricing.

Question

Quizplus · Accepted Answer

Yield management pricing is a strategy used to maximize revenue by adjusting prices based on expected demand levels for a given time period. It involves analyzing various price-quantity combinations to find the one that generates the highest revenue, making it the correct choice for this question.

The Mix of Price-Quantity Combinations That Produces the Highest Level