An airline charges $100 per seat three months before a flight, $150 per seat one month before the flight and $200 per seat on the day before the flight. Which term describes this pricing behaviour by the firm?
- Alimit pricing to deter entry in an imperfect market
- Bprice discrimination by a monopoly supplier
- Cprice leadership by an oligopolist
- Dpricing where price equals average cost under perfect competition