Westonci.ca is the premier destination for reliable answers to your questions, provided by a community of experts. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
Bill signed up for a mobile phone contract with at&t. bill pays a fixed monthly charge for the phone service plus a per-minute charge for use of the phone. this is an example of Two part pricing
Two-Part Pricing (also known as Two-Part Tariff) = A form of pricing in which consumers are charged both an entry fee (fixed price) and a usage fee (price per unit). An example of two-tiered pricing is a phone plan that charges a fixed monthly fee and a fee per minute of phone usage.
Two-part pricing (TPT) is a form of price discrimination in which the price of a product or service consists of two parts: a flat fee and a unit fee. Generally, such pricing techniques only occur in partially or completely monopolistic markets. It is designed to help businesses capture more consumer surplus than they would in a non-discriminatory pricing environment. Split fees can also exist in a competitive market if consumers are not sure of the ultimate demand.
Learn more about Two part pricing here :
https://brainly.com/question/17464264
#SPJ4
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.
