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.This Question Belongs to Management >> Management Accounting
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