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Author Question: Uber has come under criticism for its surge pricing because consumers see it as A) equally fair ... (Read 53 times)

EY67

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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.

Question 2

A set of actions that a firm takes to achieve a goal, such as maximizing profits, is called
 
  A) the Porter's Competitive Forces plan. B) game theory.
  C) a payoff matrix. D) a business strategy.


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xMRAZ

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EY67

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Mochi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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