Changing the prices of products based on the level of demand characteristics of the customer is called dynamic pricing.
Personalization is the use of customer data to create or modify items to meet individual needs. Customization is the manual modification of an item by a customer to meet their needs and requirements. Content streaming services are perhaps the most famous example of the subscription business model.
Internet technology reduces demand information costs by enabling price transparency (making it easier for consumers to find different prices) and cost transparency (making it easier for consumers to see the true cost of a product). and improve information quality.
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Answer: TIME UTILITY
When a local Walmart is open 7 days a week, 24 hours a day, it is providing the customers with time utility. Economic utility includes Form utility, Time utility, Place utility and Possession utility. Time utility refers to the availability of products when the customer needs them. In this utility, the company chooses the hours and days when products and services are available to the customers according to the needs of the customers.
Answer: the answer is investment
Explanation: i just did the quiz
<span>332.7 million gallons.
First calculate the percentage increase in price of gasoline.
0.40 / 2.80 = 0.142857 = 14.2857%
Now divide by the 10% to get the number of multiples of 10% the price increased by
14.2857% / 10% = 1.42857
Now multiply that by the percent decrease in demand
1.42857 * 2.30% = 3.29%
So it looks like there will be a 3.29% decrease in demand due to the higher price. So calculate the expected amount of gasoline demand.
344 * (100% - 3.29%) = 344 * (96.71%) = 344 * 0.9671 = 332.7
So the expected demand after a price increase of 40 cents per gallon is 332.7 million gallons.</span>
