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detailed answers Assignment 3-Ethical Concerns in Service Pricing In this assignment, you need to compare the pricing models for three different types of service businesses.

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Assignment 3-Ethical Concerns in Service Pricing In this assignment, you need to compare the pricing models for three different types of service businesses. 1) a legal firm, 2) a restaurant, and 3) a college. In each case you need to suggest what kind of pricing model the service company uses. They you need to propose how revenue management would apply to each of these companies. Finally, explain how your proposals are effective and ethical. This is a short essay of no more than 750 words or about three(3) pages. It requires you to make some logical assumptions about how each business works. You do not have to write about a real business as long as your structure makes sense. You do you need to do any formal research either. You can however, look for basic information on the internet or in the library if you are unfamiliar with how any of these businesses operate. Just remember to quote and reference any ideas that are not your own. This is an individual assignment that you need to work on alone. Remember to focus on services not products. For full marks, write each answer clearly and don't forget to explain why. Consult your textbook for definitions and explanations about what each distinciton means. Tip: Review the sections on Revenue Management and Ethical Concerns in your textbook before you start

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