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Describe Two Situations - One Where You Consider Dynamic Pricing

question 69

Essay

Describe two situations - one where you consider dynamic pricing is ethical and the other where dynamic pricing is unethical.


Definitions:

Actualize

The process of realizing or achieving one's potential or possibilities, often associated with Maslow's concept of self-actualization.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone; a moral obligation to behave correctly towards or in respect of.

Authenticity

The degree to which an individual's actions are congruent with their values, desires, and self-concept, leading to a genuine mode of existence.

Self-Concept

An individual's perception of themselves, including their beliefs, feelings, and thoughts about their own identity.

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