Question

Juliet repairs, buys, and sells old video games to a growing customer base of collectors and fans. She finds that as the products get scarcer, she can charge higher prices for her services and products. This is an example of ________.

Answer 1

Answer:

harvest pricing

Explanation:

Harvest pricing -

It is the practice , by which the manufacturer , reduces the money he or she spends on the product , in order to earn more profit , is referred to as harvest pricing .

It is also known as harvesting strategy or harvest strategy  .

The practice is adapted by the company or organisation , when the goods or services has just reached the end of its life cycle , and is no more in demand .

Hence , from the given scenario of the question ,

The correct term is harvest pricing.