Ticketmaster's flexible pricing model allows it to charge a higher or lower price for tickets based on
A) shifts in supply.
B) shifts in demand.
C) radio promotions.
D) resale markets.

Question

Quizplus · Accepted Answer

Ticketmaster's flexible pricing model, often referred to as dynamic pricing, adjusts the price of tickets based on shifts in demand. This means that as more people want to buy tickets for an event, the price may increase, and if there's less interest, the price may decrease.

Ticketmaster's Flexible Pricing Model Allows It to Charge a Higher