Dynamic pricing

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Notion

Domain

Science and technology

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What Wikipedia says

Dynamic pricing, also referred to as surge pricing, demand pricing, time-based pricing and variable pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands.

Excerpt from the Wikipedia article “Dynamic pricing”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Benoît Prieur, CC0, via Wikimedia Commons.