Red star pricing policy and quality of service (TM-TAG-052)

Last updated on 07 June 2013 2:46
Any general increase in price will cause a reduction in revenue. There is some evidence that a modest decrease in price for the better qualities of service may produce an increase in revenue. For the lower qualities of service, a price reduction should definitely result in an increase...
Author(s): Rushton E.
Organisation(s): British Rail Research ;
1981
United Kingdom
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