Variable Pricing Strategies Quiz
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Questions and Answers

What are some examples of variable-pricing strategies mentioned in the text?

  • Variable pricing of airline tickets (correct)
  • Fixed pricing of airline tickets
  • Fixed pricing of hotel rooms
  • Variable pricing of bus tickets
  • In which industries are variable-pricing strategies fairly common?

  • Pharmaceutical industry
  • Retail industry
  • Automobile industry
  • Airline industry (correct)
  • How are consumers generally accepting of variable-pricing strategies?

  • Consumers find them confusing and expensive
  • Consumers find them unnecessary and inconvenient
  • Consumers find them convenient and cost-effective (correct)
  • Consumers find them unpredictable and unreliable
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