Which of the following types of dynamic pricing adjusts prices based on the merchant's estimate of how much the customer truly values the product?
A)personalization
B)trigger
C)utilization
D)fixed

Question

Quizplus · Accepted Answer

Personalization pricing adjusts prices based on the specific customer's characteristics and past behavior, including their estimate of how much the customer truly values the product. This type of dynamic pricing is customized to individual needs, behaviors, and characteristics. Trigger pricing adjusts prices based on specific events, utilization pricing adjusts prices based on usage, and fixed pricing is a static price that does not change.

Which of the Following Types of Dynamic Pricing Adjusts Prices