Multiple Choice
At Priceline's Web site, visitors can specify the desired price they're willing to pay for a hotel in Chicago. Priceline then electronically forwards the price to hotels until one accepts the offer. What pricing policy is Priceline using?
A) Introductory price
B) Bundle price
C) Cash discount price
D) Quantity discount price
E) Flexible price
Correct Answer:
Verified
Correct Answer:
Verified
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