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 .

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24-11-2022
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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 .

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VartikaV VartikaV · Answer 1 · 2022-12-01T16:45:56+01:00

Real-time pricing, often known as dynamic pricing, is a highly adaptable method of determining a product's or service's price. Dynamic pricing aims to enable businesses that offer products or services online to quickly modify prices in response to consumer demand.

Who is consumer?

Consumers are people or companies that purchase products or services. The condition also refers to hiring materials and services. They are humans or other economic authorities that use a goods or service.

To know more about consumer, check out:

https://brainly.com/question/3227054

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