Dynamic pricing refers to
A) setting the price of a line of products at a number of different specific pricing points.
B) charging the highest price possible for a given product item in a specific product line.
C) the practice of changing prices for products in real time in response to supply and demand conditions.
D) the difference between a product's initial selling price and its final selling price.
E) charging the lowest price possible, while still generating a profit, for a given product item in a specific product line.
Answer: C - the practice of changing