Revenue Management Midterm Exam questions With Complete Answers

4.1. Price differentiation refers to a. The ways in which customers differentiate between the prices of different products b. The ways that additional profit can be extracted from a market place by charging different prices for different products c. The ways that additional profit can be extracted from a market place by charging different prices for the same (or nearly the same) product d. None of the above. - ANSWER-C 4.1. Price differentiation refers to a. The ways in which customers differentiate between the prices of different products b. The ways that additional profit can be extracted from a market place by charging different prices for different products c. The ways that additional profit can be extracted from a market place by charging different prices for the same (or nearly the same) product d. None of the above. - ANSWER-C