Matching demand for theater seats to the number of people wishing to see a movie can be attempted by raising prices at peak movie attendance times and decreasing them during times when attendance is typically low.Focusing on coordinating supply and demand by varying prices is a(n)_____ pricing objective for service firms.

Question

Quizplus · Accepted Answer

Operations-oriented pricing focuses on balancing supply and demand, which is achieved by adjusting prices based on attendance levels to optimize the use of resources.

Matching Demand for Theater Seats to the Number of People