One of the strategies to equalize supply and demand for service providers is to price their services high when demand is low and low when demand is at its highest.

Question

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The strategy to equalize supply and demand for service providers is to price their services low when demand is low and high when demand is at its highest. This is known as dynamic pricing or surge pricing. By raising prices during high demand periods, service providers can reduce demand and encourage customers to choose alternative times or options. Conversely, by lowering prices during low demand periods, service providers can increase demand and attract more customers.

One of the Strategies to Equalize Supply and Demand for Service