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1. Why did the variable pricing model for Coke vending machines in early 2000's fail to work? ( Note: Variable price model refers to prices being linked to demand and not to other variables like quality, etc.)
2. Why does the surge pricing model work in case of Uber? Isn't it the same thing?
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1. Why did the variable pricing model for Coke vending machines in early 2000's fail to work?
(Note: Variable price model refers to prices being linked to demand and not to other variables
like quality, etc.)
This is because coke consum...
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