Why is "surge pricing" so annoying?, English homework help

User Generated

94pu

Humanities

Description

Read the articlehttps://www.technologyreview.com/s/529961/in-prais... about Uber and price gouging linked in the Announcements. You can also use Wikipedia

as a source for more background information on Uber. Keep the questions below in mind as you reflect and write your essay.

Put yourself in the shoes of an Uber customer.

Why is "surge pricing" so annoying?

What is your outside option if you want to avoid "surge pricing"?

Put yourself in the shoes of a business owner.

If you could get every customer to pay you the

exact amount they'd be willing to pay for a good/service, would you want to do that?

What are the benefits/drawbacks to that pricing behavior?

Put yourself in the shoes of an Uber driver.

Do you like surge pricing (and hence "surge pay")?

at least one page of 12 point front as time new roman by word. thank you

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hi there! I have finished the assignment! Please take a look at it and let me know if it is what you were expecting. Regards.

Price gouging

Keeping customers happy at all times is a very difficult thing to do when demand is high and
supply is low. This is what Uber tries to avoid every time they use their “surge pricing”
algorithm; this algorithm is what Uber has been improving day by day and what makes their
service a very good service. Uber has received high amounts of complaints due to this “method”
used on holidays, New Year’s Eve, Saturday nights, etc.…
Price gouging has been around for quite a while now, starting with business like theaters,
airlines, and hotels, since these are the ones th...


Anonymous
Just what I was looking for! Super helpful.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags