When hotels drop their rates on the weekends, this form of price discrimination is known as ________ pricing.
A) channel
B) image
C) product-form
D) time
E) location

Question

Quizplus · Accepted Answer

Dropping prices on weekends is an example of time-based pricing, which is a type of price discrimination strategy. This is where the business adjusts pricing according to the time of day, day of the week, or season to maximize revenue.

When Hotels Drop Their Rates on the Weekends, This Form