Question $3$: While booking a massage at the Mahalaga Ka Day Spa, you realize that other spas in the area offer massages, facials, aromatherapy, and other services only as packaged experiences. In contrast, Mahalaga Ka allows customers to customize their wellness experience by selecting individual services. This is an example of which pricing strategy?

Adjusting prices in response to customer demand is characteristic of Cost$-$based pricing

The pricing of components of an overall product or experience separately from one another, allowing customers to have a choice in the final price of the offering, is called Value$-$based pricing

The pricing of individual components of an overall product or expmience separately from one another, allowing customers to have a choice in the final price of the offering, is called A La Carte pricing

Allowing customers to select options priced in a menu$-$like way is a characteristic of Dynamic pricing

Customization of products or services is a key characteristic of Flat$-$rate pricing

Allowing customers to select options from a services "menu" is a key characteristic of Market$-$based pricing