Pergunta
__ involves constantly updating prices to reflect changes in supply, demand, or market conditions. Multiple Choice Unbundling Break-even analysis Price fixing Dynamic pricing Price bundling
Solução
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NataliElite · Tutor por 8 anos
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The correct answer is 'Dynamic pricing'.
Explicação
## Step 1<br />The problem is asking us to identify the term that describes the practice of constantly updating prices to reflect changes in supply, demand, or market conditions. <br /><br />## Step 2<br />Let's analyze each option:<br /><br />- Unbundling: This is a practice where a company sells a product or service that was previously sold as a package separately. This does not involve updating prices based on market conditions.<br /><br />- Break-even analysis: This is a method used to determine the point at which total costs equal total revenue. This is not related to updating prices based on market conditions.<br /><br />- Price fixing: This is a practice where companies agree to sell at the same price. This does updating prices based on market conditions.<br /><br />- Dynamic pricing: This is a strategy where prices are adjusted in real-time based on market demands and supply. This matches the description given in the problem.<br /><br />- Price bundling: This is a practice where multiple products or services are sold as a package. This does not involve updating prices based on market conditions.
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