Americans eat some 9 billion chickens a year but not the feet. But thanks to the huge demand in​ china, chicken feet are now a huge profit center. Perdue sells some​ $40 million of the otherwise valueless​ by-product to china annually. This is an example of​ ________ pricing.

Respuesta :

Perdue sells some​ $40 million of the otherwise valueless​ by-product to china annually. This is an example of​ demand pricing.

What is meant by demand pricing?

The cost that consumers are prepared to pay for goods and services when a specific quantity or volume is offered: The amount produced often rises when the demand price exceeds the supply price.

First, it can assist you in raising margins in line with rising demand. By boosting the likelihood that certain of your fixed inventory, such as airline tickets, will still be available when the departure date draws near, it can also help you maintain superior customer service.

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