Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chapter 1 V.B.

Virtual Business

Price The amount of money charged for one unit
Revenue The money collected in sales
Demand the amount of goods or services that customers want to buy
Yield Management Pricing Setting different prices for goods or services in an effort to maximize revenue when limited capacity is a factor
Dynamic Pricing A system of fluid not fixed ticket prices that increase or decrease due to small and/or short-term changes in supply and demand
Marginal Cost The cost of producing one additional good or making one of a commodity (like a seat at a stadium) available.
Ticket Brokers Individuals or companies who purchase tickets in bulk to artificially constrict demand and drive up prices
Ticket Agencies Companies that stadium owners use to manage their ticket sales
Created by: Destinee Rivera