Demand-based pricing (sometimes called value-based pricing)is pricing a good or service based on the demand for the product or its perceived value.

Name: Demand-based pricing (sometimes called value-based pricing)is pricing a good or service based on the demand for the product or its perceived value.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Demand-based pricing is a pricing strategy that sets the price of a good or service based on the level of demand or perceived value from customers. Therefore, the statement is true.

Demand-Based Pricing (Sometimes Called Value-Based Pricing)is Pricing a Good or Service