Uber Uses What Is Known as Surge Pricing to Set

question 191

Multiple Choice

Uber uses what is known as surge pricing to set prices based on the number of people who request rides at a given time in a given area.Based on this pricing method, prices will

• A)fall when supply decreases.
• B)rise when supply increases.
• C)rise when demand increases.
• D)rise when demand decreases.

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