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Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which of the following statements accurately describe “drip pricing”?a)Drip pricing involves initially offering a product or service at a low price, then gradually adding additional fees or charges throughout the purchasing process.b)Drip pricing is a pricing strategy where the total cost of a product or service is disclosed upfront, without any hidden fees or charges.c)Drip pricing typically occurs in industries such as airlines, hotels, and car rentals, where additional fees for amenities or services are added after the initial advertised price.d)Drip pricing is a transparent pricing practice that enhances consumer trust and loyalty by providing clear information about all costs associated with a product or service.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.