Demand-based pricing is most closely related to the of services.
A) perishability
B) intangibility
C) heterogeneity
D) customer contact aspect
E) inseparability

Question

Quizplus · Accepted Answer

Demand-based pricing is most closely related to the perishability of services. Perishability refers to the fact that services cannot be stored or inventoried, and therefore must be consumed at the time they are produced. This means that service providers must be able to adjust their prices quickly in response to changes in demand.

Demand-Based Pricing Is Most Closely Related to the of Services