A landlord charges the same apartment rent as last year, but now adds a fee for parking spaces. This practice is known as:

Question

Amber Wall

Business

10 February, 04:13

A landlord charges the same apartment rent as last year, but now adds a fee for parking spaces. This practice is known as:

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Charlize Bowers · Answer 1

A landlord charges the same apartment rent as last year, but now adds a fee for parking spaces. This practice is known as Unbundling.

Explanation:

Unbundling means that certain items or the services are being marketed or are being charged for. This charge is separated and is not a part of the whole package.

In the above example, the landlord charged a separate amount as the fee of the parking lot of the apartment. This was not included in the rent of the apartment. Therefore it is known to be as unbundling because it is not a part of the bundle. It is separate.