Practice of seller to charge higher price for same market offering is classified as
A. peak-load pricing
B. elastic pricing
C. elastic demand
D. inelastic demand
Answer: Option A
Solution(By Examveda Team)
Practice of seller to charge higher price for same market offering is classified as peak-load pricing. The Peak Load Pricing is the pricing strategy wherein the high price is charged for the goods and services during times when their demand is at peak.Related Questions on Management Accounting
A. resourcing
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C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
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B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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