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Define Dynamic Pricing

question 14

Essay

Define dynamic pricing. What are the advantages and disadvantages of using dynamic pricing?


Definitions:

In-person Relationship Formation

The process of building and developing relationships through direct, face-to-face interaction.

Ostracism

The exclusion or rejection from a group or society by general consent.

Social Exclusion

The process or state in which individuals are systematically blocked from various rights, opportunities, and resources that are normally available to members of a different group.

Deliberate Exclusion

Intentionally leaving someone out of a group or activity.

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