Describes the evidence of impact of surge-pricing strategy

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According to our discussion of Uber in class, which of the following best describes the evidence of the impact of the surge-pricing strategy?

a. Surge-pricing tends to create large shortages in the market during busy times

b. Surge-pricing tends to create large surpluses in the market during busy times

c. Surge-pricing tends to bring the market towards equilibrium during busy times

d. Surge-pricing tends to cause people to choose a life of quiet solitude rather than having to go out and pay for transportation

Reference no: EM13998786

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