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Home Q & A Board Other Fields Homework Help Business Economics
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wtobi0411 wtobi0411
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3 years ago
When a firm uses surge or dynamic pricing,

▸ it changes price in "real time" according to market demand.

▸ consumers pay less during peak times.

▸ the firm sets the price based on the previous day's demand.

▸ it commits to a set pattern of pricing.
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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popper56popper56
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3 years ago
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wtobi0411 Author
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3 years ago
Just got PERFECT on my quiz
DAGINC
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Yesterday
Smart ... Thanks!
linlinlin
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2 hours ago
Thanks
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