Ahmad Jing operates a wedding consultant service.He will often provide essentially the same service to different customers at distinctly different prices depending on how he likes the customer and how much he thinks the customer needs his services.What does Jing use?
A) two-part pricing
B) price maintenance
C) an illegal pricing policy
D) flexible pricing

Question

Quizplus · Accepted Answer

Jing is using flexible pricing, as he is offering different prices based on his subjective evaluation of the customer's needs and his personal relationship with them. This approach allows him to adjust prices on a case-by-case basis to maximize his profits.

Ahmad Jing Operates a Wedding Consultant Service