Question

Whereas a​ round-trip economy seat on a flight from new york to london might cost​ $1,000, a​ business-class seat on the same flight might cost​ $4,700 or more. this type of segmented pricing strategy is known as​ ________ pricing.?

Answer 1

his type of segmented pricing strategy is known as​ premium pricing. the pricing where you are actually paying for the quality of the product or service. in the given example, even if it is just the same flight, the business class will have additional features in their flight which not available in the economy seat