Charging of higher price for a good or a service during the times with the highest demand is know as
A) peak-load pricing.
B) cost-plus pricing.
C) transfer pricing.
D) predatory pricing.

Question

Quizplus · Accepted Answer

Peak-load pricing is a strategy where higher prices are charged during times of highest demand for a good or service. This approach is often used to manage demand and maximize profits when the supply is limited or costs are higher during peak times.

Charging of Higher Price for a Good or a Service