The Bijou Classic Movie House changes ticket prices as demand for a movie increases or decreases. Prices can change every hour as ticket sales go up or down for particular shows. Bijou Classic Movie House appears to be using ________.
Select one:
A. seasonal discounts
B. status quo objectives
C. cumulative discounting
D. dynamic pricing
E. penetration pricing
Expert Answer
Answer is ‘ D ‘ explanation- here price Chang as per fluctuation in demand
Explanation –
Seasonal discounting- like festival offer
status co – political or social
Cumulative discounting – investment purpose
dynamic pricing- fluctuation according to demand
penetrations pricing- policy in case of new product
Dynamic pricing is right option.