Question

Frisky Flight is a regional airline based in El Paso. Frisky uses a computer system to set prices for its tickets. The price for any given flight changes over time-based on demand for that and other similar flights, the predicted weather, and other factors. This is an example of

a. competition meeting.
b. price cutting.
c. skimming.
d. profit maximization.
e. dynamic pricing

Answer 1

Answer: (E) Dynamic pricing

Step-by-step explanation:

The dynamic pricing is basically refers to the demand pricing and also the time based strategy where all the products and the services are setting the flexible prices for the goods according to the current demand in the marketing.

According to the given scenario, it best illustrate about the dynamic pricing example where we can easily implement the data and it also producing the meaningful information or data.

Therefore, Option (E) is correct.