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Which of the Following Types of Dynamic Pricing Adjusts Prices

question 61

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Which of the following types of dynamic pricing adjusts prices based on the merchant's estimate of how much the customer truly values the product?


Definitions:

LOOKUP Function

A function in spreadsheet programs that searches for a value in a column or row and returns a corresponding value from another column or row.

Item Position

The specific location or order of an item within a list, array, or graphical interface.

Range

In spreadsheet applications, a range refers to a selection of two or more cells, which may be contiguous or dispersed across a sheet.

Cell Validation

The process of ensuring that only data meeting specific criteria or formats can be entered into a spreadsheet or database cell.

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