Dynamic pricing refers to
A) the ability to set equilibrium prices in real time in response to changing supply and demand conditions.
B) the rapid inflation that occurs in economies without a stable money supply.
C) pricing tickets so low that an athletic or artistic event is guaranteed to sell out and create a buzz among fans.
D) reselling a good at a price above its original purchase price.
Correct Answer:
Verified
Q95: A market is in equilibrium
A) provided there
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A)inflation is severe
A)prevents regulated taxi drivers from