The Royal Ontario Museum has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called pricing.
A) customer-segment
B) product form
C) time-based
D) by-product
E) location-based

Question

Quizplus · Accepted Answer

This pricing strategy is called customer-segment pricing, where different prices are charged to different groups of customers for the same product or service.

The Royal Ontario Museum Has Different Admission Prices for Students