Why Are More and More Companies Turning to Dynamic Pricing

question 61

Multiple Choice

Why are more and more companies turning to dynamic pricing?

• A)To help adjust prices
• B)To implement bait pricing
• C)To implement free on board origin pricing
• D)To establish inelasticity of demand

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Definitions:

Community

A group of interacting living organisms sharing a populated environment, typically considered within a specific geographical area.

Ecosystem

An ecosystem consists of living entities and their inanimate environmental elements, working together as a unified system.

Biosphere

All regions of Earth where organisms live.

Population

A community of identical species inhabitants coexisting and mating in a particular region.