The airline industry alters the price of its seats based on the type of seat, the number of seats remaining, and the amount of time before the flight departs. This is an example of _______.
A. markup pricing
B. keystoning
C. dynamic pricing
D. status quo pricing
Answer: C. dynamic pricing
Business
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Which of the following is not a step in the marketing research process?
a) Make a preliminary investigation b) Estimate sales c) Interpret the information d) Gather factual information
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An inactive licensee buying property for herself must always:
A. Advise fer broker with a written letter of intent. B. Maintain a copy of the contract for seven years. C. Be represented by a licensed broker. D. Clearly disclose her licensing status in the sales contract.
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