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)variations in costs of delivering service.
B)variations in demand for the service.
C)deviations from standard profit policies.
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 different prices during different times of the day or days of the week, service businesses can incentivize customers to use their services during less busy times and avoid overcrowding during peak times. This helps to optimize capacity utilization and improve overall profitability. The prices charged may not necessarily reflect variations in costs of delivering the service.

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