If a professional football team plays in a stadium with 30 000 empty seats, the revenue for that game is lost forever. This is an example of the service's:
A) variability.
B) intangibility.
C) perishability.
D) simultaneous production and consumption.

Question

Quizplus · Accepted Answer

Perishability refers to the fact that services cannot be stored for future use, and any unused capacity or revenue is lost forever. In this case, the empty seats represent unused capacity that cannot be sold at a later time. The other options - variability, intangibility, and simultaneous production and consumption - do not directly apply to this scenario.

If a Professional Football Team Plays in a Stadium with 30