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56
What are the three suggested ways to price a service? Briefly define each.
1) Revenue-oriented - focused on getting the most money
2) Operations-oriented - different prices based on supply/demand
3) Patron-oriented - prices depend on how many people will use the service and their ability to pay
2) Operations-oriented - different prices based on supply/demand
3) Patron-oriented - prices depend on how many people will use the service and their ability to pay
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: Marketing
School / Univ.: UGA
City: Athens
Published: 14.12.2010