An early bird special offered by a restaurant during off-peak hours is an example of a secondary-market pricing strategy.

Question

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A secondary-market pricing strategy involves offering discounts or promotions during off-peak hours or to specific segments of customers to increase demand and minimize waste. The early bird special offered by restaurants during off-peak hours is an example of this strategy as it aims to attract customers who prefer to dine early and may not otherwise come during busy times.

An Early Bird Special Offered by a Restaurant During Off-Peak