The New Age Gallery has three admission prices for students,adults,and seniors.All three groups are entitled to the same services.This form of pricing is called .
A)customer- segmented pricing
B)location pricing
C)revenue management pricing
D)time pricing
E)generational pricing

Question

Quizplus · Accepted Answer

Customer-segmented pricing involves charging different prices to different customer groups based on factors such as age, income, or education level. In the case of the New Age Gallery, they have different prices for three specific customer groups: students, adults, and seniors. This approach allows the gallery to capture a range of customers who have different levels of willingness to pay, while still providing the same services to all customers.

The New Age Gallery Has Three Admission Prices for Students,adults,and