The Popular Culture Association ordinarily charges its members dues of $25 per year. However, the association waives dues for members who are currently unemployed, full-time students, or retired. This is an example of _____ pricing.

Question

Quizplus · Accepted Answer

Flexible-price pricing allows for adjustments based on certain conditions or statuses of customers, such as being unemployed, a full-time student, or retired, which is what the Popular Culture Association is doing by waiving dues for these members.

The Popular Culture Association Ordinarily Charges Its Members Dues of $25