If you stood outside an NBA championship game and sold your ticket for double the original price,you'd be engaged in _____ pricing.

Question

Quizplus · Accepted Answer

Selling a ticket for double the original price due to high demand, especially for an event like an NBA championship game, is an example of demand-based pricing. This strategy involves setting prices based on the demand for a product or service, rather than solely on production costs or market standard prices.

If You Stood Outside an NBA Championship Game and Sold