service businesses use off-peak pricing to reflect variations in
A) costs of delivering service.
B) demand for the service.
C) profitability based on time of day or week.
D) promotional events.
E) government regulations.

Question

Quizplus · Accepted Answer

Off-peak pricing is a strategy that businesses use to reflect variations in demand for their services. This means that they lower their prices during times of lower demand in order to attract more customers and increase their revenue. The cost of delivering the service, profitability based on time of day, and government regulations may also play a role in determining pricing, but the primary factor for off-peak pricing is demand. Promotional events may also influence pricing, but this is not the main reason for using off-peak pricing.

Service Businesses Use Off-Peak Pricing to Reflect Variations in