A Qantas flight from Sydney to Melbourne was full, and the tickets were more expensive than tickets for the almost empty Qantas flight from Sydney to Hobart.This is an example of what kind of service pricing?

Question

Quizplus · Accepted Answer

This pricing strategy is demand-based, meaning that prices are adjusted based on the demand for a particular flight. In this case, the flight to Melbourne was in higher demand, so the prices were higher, while the flight to Hobart was not in high demand, so the prices were lower.

A Qantas Flight from Sydney to Melbourne Was Full, and the Tickets