The advent of the Internet and electronic commerce has greatly affected the way businesses price their goods and services and has allowed for the use of more of which of the following?
A)zoning (or basing) pricing
B)two-part pricing
C)psychological (or odd-even)
D)flexible (or variable) pricing

Question

Quizplus · Accepted Answer

The flexibility and versatility of electronic commerce has allowed companies to use flexible (or variable) pricing more effectively. With the help of data analytics and targeted advertisements, businesses can now tailor the prices of their goods or services to specific customers, times of day, or demand levels. This has led to more personalized and dynamic pricing strategies that are more responsive to market trends and consumer behavior.

The Advent of the Internet and Electronic Commerce Has Greatly