Car Bar Allows Its Customer to Rent a Car at $10

question 7

Short Answer

Car Bar allows its customer to rent a car at $10 per day on weekdays,at $15 per day on weekends,and at $20 per day exclusively during the holiday season.This pricing strategy helps the company match the supply and demand for its cars.This is an example of__________.

---

Definitions:

Traditional Phone Network

The landline telephone system, also known as the public switched telephone network (PSTN), which uses copper wires to transmit voice communication.

DSL

Digital Subscriber Line, a family of technologies that provide internet access by transmitting digital data over the wires of a local telephone network.

56K Modem

A type of modem used for dial-up internet access, allowing data transmission speeds up to 56 kilobits per second.