Economics of Platforms and Marketplaces Assessment
Module 3 • 10 Questions
Question 1 of 10
0 of 10 answered
Airbnb charges guests a service fee of 14.2% on the accommodation subtotal, and charges hosts a service fee of 3% on the accommodation subtotal. A guest completes a booking where the total guest-paid amount (subtotal + guest service fee) is exactly $1,142. What is the net amount received by the host after paying their host service fee, and what is the total fee revenue pocketed by the platform?
A
Host receives $1,000; Platform revenue is $142
B
Host receives $970; Platform revenue is $172
C
Host receives $970; Platform revenue is $142
D
Host receives $1,112; Platform revenue is $30