A local restaurant offers "early bird" price discounts for dinners ordered from 4:30 to 6:30 PM. This is an example of:

Name: A local restaurant offers "early bird" price discounts for dinners ordered from 4:30 to 6:30 PM. This is an example of:
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Peak-load pricing involves adjusting prices based on the demand at different times, which is what the restaurant is doing by offering discounts during early dining hours to encourage more customers during what might otherwise be a slower period.

A Local Restaurant Offers "Early Bird" Price Discounts for Dinners