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What Is Dynamic Pricing and How Is It Used in E-Commerce

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Essay

What is dynamic pricing and how is it used in e-commerce?


Definitions:

Source Area

A term generally used to identify the area or component from which data originates or is input into a system.

Destination Area

The target location where data is moved, copied, or directed within software applications or computing environments.

Formatting Options

Tools and settings available in software that allow the user to change the appearance of text, pages, or objects.

Requirements Document

A Requirements Document outlines the expectations and specifications for a new project, detailing what needs to be achieved for the project to be considered successful.

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