Surge pricing takes place when a service provider – McqOptions

MCQOPTIONS

1.	Surge pricing takes place when a service provider
A.	raise the price of its product or service as demand outstrips supply
B.	follows present prices immune to demand and supply dynamics
C.	fixes a minimum price for its services
D.	fixes an average price on the basis of transactions carried over a day
Answer» B. follows present prices immune to demand and supply dynamics

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