Paramount Canada's Wonderland, an amusement park in Ontario, offers reduced rates on weekdays and higher prices for those who want to attend on weekends. It also offers lower prices for patrons who enter the park after 4 p.m. Because the park is focusing on coordinating supply and demand by varying prices, which type of pricing objective for service firms is it using?

Question

Quizplus · Accepted Answer

The park is using operations-oriented pricing to manage demand by adjusting prices based on the time of entry and day of the week.

Paramount Canada's Wonderland, an Amusement Park in Ontario, Offers Reduced