Demand, Supply, and Markets

Why We Should Like Uber’s Surge Pricing

surge pricing
Comments (1)
  1. Alexis says:

    Interest analogy to consenting adults. The uber customers know the price before accepting, right? With increased supply of drivers, interesting that prices don’t go down. I guess these examples, Madison Sq Garden and New Years, the demand is so huge there are enough riders willing to pay exorbitant prices.

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