ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The New Age Gallery has different admission prices for students, adults, and seniors. All three groups are entitled to the same services. This form of pricing is called ____
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time-based pricing
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location pricing
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customer-segment pricing
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revenue management pricing
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generational pricing
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Explanation:
Detailed explanation-1: -The elasticity of supply and demand and the goodwill of the company are external factors governing the prices since these factors are not related to the picing of the product internally. Was this answer helpful?
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