In markets where customers typically witness rapidly changing prices, ________ can provide a source of competitive advantage.
A) price elasticity of demand
B) stability pricing
C) price bundling
D) auction pricing
E) variable pricing

Question

Quizplus · Accepted Answer

Stability pricing, or implementing consistent pricing over time, can provide a source of competitive advantage in markets where customers witness rapidly changing prices. This can help build customer trust and loyalty, as well as reduce the perception of price volatility or unpredictability.

In Markets Where Customers Typically Witness Rapidly Changing Prices, ________