Answer :
Final answer:
Seasonal pricing is the kind of pricing where a product is reduced around a holiday season. The correct option is: C) Seasonal pricing
Explanation:
The kind of pricing where a product is reduced around a holiday season is known as Seasonal pricing.
Seasonal pricing refers to the practice of adjusting the price of a product based on the time of the year or specific seasons. Many businesses offer discounts or promotions during holiday seasons to attract more customers and increase sales.
For example, retailers often lower the prices of clothing and electronics during Black Friday or Christmas to encourage people to shop more. This strategy takes advantage of consumer behaviors and the increased demand during holiday periods.
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