(Consider This) Uber's Dynamic Pricing

question 91

Multiple Choice

(Consider This) Uber's dynamic pricing

• A) prevents regulated taxi drivers from changing their fares.
• B) keeps the market for rides in equilibrium by constantly adjusting fares to supply and demand conditions.
• C) creates long wait times for consumers wanting rides at peak demand times.
• D) results in ride pricing that is unfair to consumers.

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Definitions:

Ethical Exchanges

Transactions that prioritize fairness, transparency, and respect for all parties involved, often emphasizing moral and ethical standards.

Strategic Alliance

A partnership where two or more companies work together to achieve objectives that are mutually beneficial.

Debentures

A type of debt instrument not secured by physical assets or collateral, issued by companies to raise capital.

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically a corporation or governmental entity.