Dynamic pricing is typically used for pricing
A)products and services that cannot be purchased in a retail store.
B)the very latest items such as new season fashions.
C)time-sensitive items such as airline seats.
D)high demand products or services.
E)electronic services.

Question

Quizplus · Accepted Answer

Dynamic pricing is commonly used for time-sensitive items, such as airline seats, where prices may fluctuate based on factors such as season, demand, and availability. Other examples may include live event tickets, hotel rooms, and rental cars.

Dynamic Pricing Is Typically Used for Pricing