Surge Pricing
July 6th, 2020
Read article ‘Ubereconomics: The Economist Article-PDFFile’ and use concepts out of chapter 1 and 2 to answer the following questions.
Does ‘surge pricing’ successfully balance the demand and supply condition for Uber? Is Surge Pricing fair to consumers? Can surge pricing be applied to other businesses or industries? Apply your demand and supply knowledge and provide a sufficient analysis on the issue.