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08-11-2019
Mathematics

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New, premium movie theaters offer features such as online reserved seating, high-backed leather executive chairs with armrests and footrests, the latest in digital sound, super-wide screens, and other amenities for which they charge a higher price. This is an example of which type of pricing?

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Manetho Manetho

08-11-2019

Answer:

Value-added pricing.

Step-by-step explanation:

In this examples, there is addition in already existing facilities such as movie theaters offer features such as online reserved seating, high-backed leather executive chairs with armrests and footrests, the latest in digital sound, super-wide screens, and other amenities. On adding these services they charge higher price as compared with normal theaters.

This type of pricing is called Value-added pricing.

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