Question

18. distinguish between peak load pricing and off load pricing

Answer 1

Peak load pricing is an economic strategy where high prices are charged to commodities when their demand is high while Off load pricing is an economic strategy where prices for commodities are charged at a lower prices whwen their demand is low.Take for example in a public transportation sector.Fare for vehicle is always high during the morning and start to go down as the day goes to midday and then goes lower.