"The revenues from an unrented hotel room are forever lost." This statement refers to which characteristic of services?
A)intangibility
B)perishability
C)variability
D)inseparability

Question

Quizplus · Accepted Answer

The statement refers to the characteristic of perishability, which means that services cannot be stored or saved for later use. Once an opportunity to rent the hotel room has passed, the revenue that could have been generated from that room is forever lost.

"The Revenues from an Unrented Hotel Room Are Forever Lost