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    Question

    PixaBay allows consumers to download pictures for free

    or download it for a donation the consumer set themselves. This type of pricing is referred to as:
    A self-sustaining Correct Answer Incorrect Answer
    B profit maximizing Correct Answer Incorrect Answer
    C profit minimizing Correct Answer Incorrect Answer
    D pay what you think it is worth Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    A new and interesting experiment in demand-oriented pricing has recently been introduced by Panera Bread. It is called a "name your price" or "pay what you think it is worth" pricing model.

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