
ab reviewer#4

Quiz
•
Specialty
•
University
•
Medium
Jody Tembliq
Used 3+ times
FREE Resource
44 questions
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1.
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1 min • 1 pt
Because the no-show behavior of passengers on future flights is unpredictable, there is an element of risk involved in accepting more reservations than physical capacity
2.
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1 min • 1 pt
There are others who are willing to pay if the price is low.
3.
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1 min • 1 pt
Airlines play around the consumer's willingness to trade-off between high priced fares (which has high levels of service offerings and flexibility) and the lower-priced fares (which is restricted and level of service offerings not as high).
4.
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1 min • 1 pt
Based on consumers "willingness to pay".
5.
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1 min • 1 pt
loss of revenue from seat that departed empty
6.
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1 min • 1 pt
Free travel voucher
7.
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1 min • 1 pt
voluntary denied boarding
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