Practice of Changing Prices for Products and Services in Real

question 207

Multiple Choice

practice of changing prices for products and services in real time in response to supply and demand conditions is referred to as __________.

• A) dynamic pricing
• B) virtual pricing
• C) experience curve pricing
• D) skimming pricing
• E) elasticity pricing

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Definitions:

Deuterostomes

A major group of animals characterized by their embryonic development, in which the anus forms before the mouth.

Spiral Cleavage

A distinctive spiral pattern of blastomere production in an early protostome embryo. Compare with radial cleavage.

Coelom

The main body cavity of most animals; a true coelom is lined with mesoderm. Compare with pseudocoelom.

Endoskeleton

An internal support structure of an animal, composed of mineralized tissue, providing support and protection.