Question

Which of the following would have a direct impact on dynamic pricing? (Check all that apply.)

1. Supply chain issues
2. Purchasing parity
3. Consumer type
4. Current demand

Answer 1

Supply chain issues, consumer type, and current demand all directly impact dynamic pricing by influencing the supply and demand curves, which are central to pricing strategies.

Step-by-step explanation:

Factors such as supply chain issues, purchasing parity, consumer type, and current demand would all have a direct impact on dynamic pricing. Supply chain issues can lead to fluctuations in the availability of goods and therefore affect supply curves. Purchasing parity might influence pricing strategies for different regions. The type of consumer can affect the demand, as different consumer groups may be more sensitive to price changes. Finally, the current demand directly affects dynamic pricing, as prices are often adjusted based on the current market demand levels.