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

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.

c.

clarify customers’ doubts only when asked.

disadvantages of leasing a vehicle: no vehicle equity and mileage limitations

disadvantages of purchasing a vehicle: large down payment and vehicle depreciation

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