When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using demand oriented pricing strategy.
<h3 /><h3>What is
demand oriented pricing strategy?</h3>
This is a strategy, used by a seller inorder to set the price of a product at a limit within the buying capacity of the targeted consumers.
It is to be noted that demand-oriented attempts to set price at level that intended buyers are willing to pay.
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They can be described as traumatized, horrified, mortified, etc.
In my opinion to have a company because you are in control.
The answer is structural unemployment.
Long-term unemployment brought on by changes in the economy is referred to as structural unemployment.
Even while there are open positions, there is a mismatch between what employers require and what the current workforce can provide.
Long-term structural unemployment typically requires significant reform to reverse.
Technology has a tendency to make structural unemployment worse by marginalizing some employees and making some jobs, like manufacturing, obsolete.
Additional to the business cycle, other factors contribute to structural unemployment. This implies that structural unemployment can persist for decades and that drastic change may be required to address the issue.
Hence, The kind of unemployment that exists when there is a mismatch between a worker's skills and the jobs or the location of jobs available is structural unemployment.
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