Revenue Management Quiz

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Revenue management is just a strategy to boost the hotel room rate.
True
False
The demand and price of a product or service is negative related.
True
False
Fixed selling price strategy normally can not get maximum revenue.
True
False
Market clearance means that there is a price at which all products are just sold out and all demands are just satisfied. 
True
False
Which industry is in fixed-capacity environment?
Theater
Public House
Supermarket
Mobile phone producer

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