When ski butternut reduced the first time skier package from $135 to $75, first time skiers:

a. experienced unitary elasticity for ski lessons.

b. saw a profit maximization scheme based on discounting the first visit and charging a lot more once the skier is hooked.

c. saw a perceived reasonable value for an activity they haven't tried yet.

d. bartered for lower priced rentals?

Question

27-04-2019
Business

contestada

When ski butternut reduced the first time skier package from $135 to $75, first time skiers:

a. experienced unitary elasticity for ski lessons.

b. saw a profit maximization scheme based on discounting the first visit and charging a lot more once the skier is hooked.

c. saw a perceived reasonable value for an activity they haven't tried yet.

d. bartered for lower priced rentals?

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alinakincsem alinakincsem · Answer 1 · 2019-05-11T11:47:56+02:00

Answer:

When ski butternut reduced the first time skier package from $135 to $75, first time skiers:

a. experienced unitary elasticity for ski lessons.

b. saw a profit maximization scheme based on discounting the first visit and charging a lot more once the skier is hooked.

c. saw a perceived reasonable value for an activity they haven't tried yet.

d. bartered for lower priced rentals?

Explanation:

The correct answer is 'b', The ski butternut used a strategic approach where they are offering a discounted package for first timers to attract them and once the skiers are comfortable and hooked they would again increase their prices and charge the skiers the high price now.