Demand-based pricing most closely relates to the ____ of services.
A) perishability
B) intangibility
C) heterogeneity
D) customer contact aspect
E) inseparability

Question

Quizplus · Accepted Answer

Demand-based pricing is influenced by the concept of perishability, meaning that services cannot be stored or saved for future use and must be sold at the time of production. This leads to price fluctuations based on demand, as businesses must adjust prices to match the availability of their services.

Demand-Based Pricing Most Closely Relates to the ____ of Services