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24 April, 15:28

The Revenue or Yield Management model can be applied only when price differential for the same product (or service) is permissible True False

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  1. 24 April, 16:49
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    True

    Explanation:

    The yield management calculates a range of impacts of prices on the demand of the product. And this method is only applicable if the product can be sold for a range of prices. This is the limitation of the yield management and also its assumption that the demand drops with the increase in prices and vice versa.
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