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Uber Uses a Form of Dynamic Pricing

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Uber uses a form of dynamic pricing.


Definitions:

Classes

Organized groups of students meeting regularly to study a subject under the guidance of a teacher.

Socioeconomic Index

A composite measure that considers an individual's or group's economic and social position in relation to others, based on factors like income, education, and occupation.

Occupational Status

The relative value or prestige assigned to specific occupations or professions within a society, often influencing social standing and access to resources.

Average Earnings

The mean income of individuals or groups, calculated by dividing total earnings by the number of earners.

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