Statement I: Dynamic Pricing Strategy is a pricing strategy where the price fluctuates as per the market demand.
Statement II: Airlines is an example of a Dynamic Pricing Strategy that fluctuates according to the demand.
Choose the correct option:
1
Statement I is correct, Statement II is incorrect
2
Statement I is incorrect, Statement II is correct
3
Both Statement I and II are correct
4
Both Statement I and II are incorrect
5
Question Not Attempted