Answer :
Final answer:
Off-peak pricing is used to reduce prices during slow periods and boost demand.
Explanation:
To reduce prices of services used during slow periods in order to boost demand, marketers may use off-peak pricing. Off-peak pricing involves offering discounted rates or special promotions during times when demand is traditionally lower, such as weekdays or non-peak hours. This strategy incentivizes customers to utilize the services during these slow periods, ultimately increasing overall demand and maximizing revenue for the business.
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