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Dynamic pricing

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › Dynamic pricing

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Ken Garrett.
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  • November 28, 2020 at 10:06 pm #596952
    rimshy
    Member
    • Topics: 95
    • Replies: 91
    • ☆☆

    Please explain the difference between dynamic pricing and discriminate pricing

    November 28, 2020 at 11:26 pm #596953
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10651
    • ☆☆☆☆☆

    Dynamic pricing is when the price of a product or service varies to reflect changing market conditions,. For example, Uber charges higher taxi fares at times of greater demand.

    Discriminate pricing is charging different prices simultaneously in different markets.

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