Dynamic pricing is used to:
A)implement bait pricing to get more loyal customers.
B)perform price discrimination among customers.
C)adjust prices over time to maximize a company's revenues.
D)attain price equilibrium.

Question

Dynamic pricing is used to:
A)​implement bait pricing to get more loyal customers.
B)perform price discrimination among customers.
C)adjust prices over time to maximize a company's revenues.
D)​attain price equilibrium.

Quizplus · Accepted Answer

Dynamic pricing is a strategy where prices are adjusted over time based on demand, competition, and other factors to maximize a company's revenues.

Dynamic Pricing Is Used To