Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of

Question

Tobias Henson

Business

23 January, 16:32

Many theme parks charge an entrance fee and a per-ride fee equal to zero. This is an example of

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Simone Oneal · Answer 1

two part pricing

Explanation:

A Two-part tariff (TPT) is a type of price gouging in which the price of a good or service consists of 2 sections-a rub-sum of the per-unit fee. Such a selling strategy generally occurs except in part or entirely monopolistic industries. It is built to allow the company to absorb more surplus value in a non-discriminatory pricing framework than it ever has before.

Two-part tariffs in open markets can also occur when customers are unsure regarding their final requirement. Consumers of fitness centers, for instance, may be unsure regarding their degree of potential dedication to an exercise routine.