Another name for flexible-price policy is __________.
A) target pricing
B) fluid pricing
C) price lining
D) market-based pricing
E) dynamic pricing

Question

Quizplus · Accepted Answer

Flexible-price policy is also known as dynamic pricing, as it involves changing prices in response to changes in demand, supply, or competition. Target pricing involves setting a price based on a specific target profit or return on investment. Fluid pricing and price lining are not synonyms for flexible-price policy, although they may be related pricing strategies. Market-based pricing involves setting prices based on prevailing market conditions, but it is not synonymous with flexible-price policy.

Another Name for Flexible-Price Policy Is __________