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

Question

Quizplus · Accepted Answer

Time pricing refers to offering different prices for the same product or service during different times of the day, week, or year. When hotels drop their rates on weekends, they are practicing time pricing by charging different prices for the same accommodation depending on the day of the week.

When Hotels Drop Their Rates on the Weekends, Then This