The prices of tickets to the opera vary depending on where the person would like to be seated - in the gallery or in the stalls. This is an example of ________ pricing.
A) channel
B) time
C) image
D) product-form
E) location

Question

Quizplus · Accepted Answer

Location pricing refers to varying prices based on where the product or service is located. In this case, the prices of tickets to the opera vary based on whether the person would like to be seated in the gallery or in the stalls. Therefore, this is an example of location pricing.

The Prices of Tickets to the Opera Vary Depending on Where