(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:

Price-Earnings Ratio

The Price-Earnings Ratio (P/E Ratio) is a financial metric used to evaluate the value of a company's shares, calculated by dividing the current market price of a stock by its earnings per share.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets.

Year 2

This refers to the second year of a business or financial operation, often used in context to compare data year-over-year.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating the portion of a company's profit allocated to each share of stock.