Yield management and price discrimination have enabled firms to increase

Yield management and price discrimination have

This preview shows page 2 - 3 out of 4 pages.

51) Yield management and price discrimination have enabled firms to increase profits and, at the sametime, A) reduce transactions costs.B) transfer some producer surplus to consumers.C) capture some consumer surplus.D) reduce the cost of production.Answer: C51)Diff: 2Page Ref: 526/526Topic: Yield ManagementLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking 52) Which of the following is a reason why airline yield management is an effective method to increaserevenue? 52)Diff: 2Page Ref: 526/526Topic: Yield ManagementLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopoliesAACSB: Reflective Thinking 53) When colleges use yield management techniques, they 53)Diff: 2Page Ref: 527/527Topic: Yield ManagementLearning Outcome: Micro 14: Discuss production and pricing decisions within monopolies and how publicpolicies affect monopolies AACSB: Reflective Thinking 15
Background image
Image of page 3

You've reached the end of your free preview.

Want to read all 4 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes