Uber has come under criticism for its surge pricing because consumers see it as
A) equally fair for firms to raise prices after an increase in costs and as a result of an increase in demand.
B) completely unfair for firms to raise prices after an increase in costs or as a result of an increase in demand.
C) more fair for firms to raise prices after an increase in costs than as a result of an increase in demand.
D) more fair for firms to raise prices after an increase in demand than as a result of an increase in costs.
C
You might also like to view...
A factory urgently needs to hire some workers. The factory owner is willing to pay a wage of $15 per hour to responsible workers and is unwilling to hire workers who require constant monitoring
On average, he expects 5 out of 10 workers who have come for an interview to be sincere. How much should he offer to pay the workers he hires? A) $15 per hour B) $7.50 per hour C) $10 per hour D) $8 per hour
Since the 1930s, overall tariff rates in the United States have
A) increased. B) decreased. C) remained unchanged. D) become very unstable, changing week to week.
Explain how and why economic events in the U.S. affected the economies of Thailand, South Korea, and Indonesia and vice-versa
___________ is the best day to find low fares. This is a departure from the conventional wisdom of recent years, when _________ was considered the best bet.
Fill in the blank(s) with the appropriate word(s).