pricing policy

In terms of marketing, can the above pricing policy be applied broadly or not?

Read the article at https://www.npr.org/sections/thesalt/2019/05/02/718298132/toronto-restaurant-fights-waste-by-chopping-menu-prices-till-food-is-gone. In terms of marketing, can the above pricing policy be applied broadly or not? Where would it not be appropriate? You must explain your answer using marketing terms as appropriate.

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