With dynamic pricing on the internet,________.
A)firms are able to respond quickly to changes in supply and/or demand
B)firms are able to respond quickly to changes in cost
C)the cost of changing prices is practically zero
D)A and B
E)A,B,and C

Question

Quizplus · Accepted Answer

Dynamic pricing allows firms to adjust prices in real-time based on supply, demand, and cost changes, with minimal cost for price updates.

With Dynamic Pricing on the Internet,________