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