Charging different prices during different times of the day or during different days of the week to reflect variations in demand for a service is referred to as
A)capacity pricing.
B)idle production pricing.
C)customer contact pricing.
D)derived demand pricing.
E)off-peak pricing.

Question

Quizplus · Accepted Answer

Off-peak pricing involves charging different prices during different times of the day or during different days of the week to reflect variations in demand for a service. This pricing strategy is commonly used in industries such as transportation and hospitality to incentivize customers to use services during less busy periods and to maximize revenue for the service provider.

Charging Different Prices During Different Times of the Day or During