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We have two very interesting readings for this week dynamic pricing and the creation of product addicts. Uber is an example of a company that adopts dynamic pricing (they are many others) Seemingly contradictory we understand from the Gordon article the value is critical to creating product addicts (there by gaining pricing leverage) and the role of free or freemiums in pricing. Discuss this apparent contradiction and whether they really are incongruent. Research examples and discuss your learning within the context of these experiences. Interestingly, Uber claims to have moved away from a dynamic pricing? Why would they decide to do so? Do you think they have?
Electronic Surveillance of Employees View the video: "Electronic Surveillance of Employees" by clicking on the link in the course shell. There is also a link that will allow you to print the script of the video. Write a four to five (4-5) page rep..
Explain why is private property and the protection of property rights, so crucial to the success of the market system.
What is the difference between the Federal Reserve's "discount rate" and the "federal funds" rate? Why is the discount rate in the US not as important in financial markets as the federal funds rate?
How do they affect the economy in terms of growth, labor force, and price of labor
The second payment will be made twenty-seven months from today and will be twice the size of the first payment. The third payment will be 2.5 times the size of the first payment and will be made in 3.5 years. Determine the amounts Petra will pay u..
At fenway park, home of the boston red sox, seating is limited to 39,000. Hence, the number of tickets issued is fixed at that figure. (assume that all the seats are equally desirable and are sold at the same price.) seeing a golden oppurtunity to..
A firm sells 1000 units per week. It charges $70 per unit, the average variable costs are $25, and the averagecosts are $65. At what price would the firm consider shutting down in the short run?
Consider an economy with two people, Victoria and Albert, and two commodities, tea and crumpets. Cummtly, Victoria and Albert would both be willing.
Explain why we cannot necessarily conclude that the typical Canadian's welfare has improved by 10-percent over the year.
Given the wide variety of different fast-food vendors, the industry is fiercely competitive, as is the unskilled labor marketplace.
What causes the lags in the effect of monetary and fiscal policy on aggregate demand What are the implications of these lags for the debate over active versus passive policy
Determine the present state of the economy and trade relationship between your country and the US?
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