N21

QUESTION 1 Read the article titled "Disney's New Pricing Magic: More Profit from Fewer Park Visitors" by Robbie Wheelan and Jacob Passy, Aug 27, 2022. URL: https://www.waj.com/articles/disneys-new-pricing-magic-more-profit-from-fewer-park-visitors-116615728197mod=article_inline Which of the following statement(s) is/are true? 1. Disney's new pricing strategy focuses on reducing the number of visitors and increasing the prices of food, services, features, and merchandise. Il. During the pandemic, Disney's pricing strategy targets long-term park loyalists and annual passholders who are willing to pay more during their visits. Ill. The increases in Disney's sales and profits are driven by high-paying customers rather than an Increase in the number of visitors. IV. Disney's new pricing strategy would drive some customers to other rival attractions. O'll and lil only OI, Ill and IV only. I only 1, II and IV only