Which of the following is false about dynamic pricing?
A) It has been used by the St.Louis Cardinals to price tickets to its games
B) Revenue optimization is an example of dynamic pricing
C) In setting a price using dynamic pricing,a seller considers consumer demand and interest in alternative products
D) All consumers are happy with dynamic pricing
Correct Answer:
Verified
Q18: A company using cost-based pricing determines the
Q19: After Facebook purchased Oculus (and Palmer Luckey
Q20: When Mark Zuckerberg (founder of Facebook) tried
Q21: An online store is better able to
Q22: You are making plane reservations on the
Q24: Over time,artificial intelligence will be used to
Q25: Amazon's has more than 70% of the
Q26: Hotels sometimes use a revenue optimization system
Q27: Using dynamic pricing a company monitors price
Q28: A hotel's hurdle rate is _
A)lowest rate
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