Discuss the benefits and drawbacks of dynamic pricing

Assignment Help Business Economics
Reference no: EM13244109

Using the Library, the Internet, and your course materials, briefly define and explain dynamic pricing. Select a company that uses (or has used) dynamic pricing and respond to the following questions:

  • Explain how the company you have chosen uses dynamic pricing.
  • Discuss the benefits and drawbacks of dynamic pricing for that particular company.
  • Conclude with a summary of your findings (Perloff, 2007).

Reference no: EM13244109

Questions Cloud

Two proposals have been made for state expenditures : A firm has the opportunity to invest in a project having an initial outlay of $20,000. Net cash inflows (before depreciation and taxes) are expected to be $5,000 per year for five years. The firm uses the straight-line depreciation method with a zero..
Calculate the magnitude of acceleration : A device known as Atwood\'s machine consists of two masses hanging from the ends of a vertical rope that passes over a pulley, calculate the magnitude of their acceleration, a, and the tension in the rope, T
How does game theory explain the interactions of firms : You have been contracted by an economic consulting firm to determine the economic structure and possible future actions of OPEC, the Organization of Petroleum Exporting Countries.
Calculate the current i : The drawing shows four insulated wires overlapping one another, forming a square with 0.050-m sides, Calculate the current I.
Discuss the benefits and drawbacks of dynamic pricing : Using the Library, the Internet, and your course materials, briefly define and explain dynamic pricing. Select a company that uses (or has used) dynamic pricing and respond to the following questions
Make sure to focus on results of the decision rather than : Bill Simmons is the manager of a small restaurant and must decide how much money he owes his suppliers. The best way for Bill to approach this as a critical thinker is to
Calculate the power of the electron beam in tube : Electrons in an x-ray tube are accelerated through 105 kV and directed toward a target to produce x-rays. Calculate the power of the electron beam in this tube
Name the top ten ways culture affects negotiation : Name the top ten ways culture affects negotiations You must list all fen to receive credit.
Which computer software package should the firm human : Which computer software package should the firm's human resources office use to manage the payroll?

Reviews

Write a Review

Business Economics Questions & Answers

  Market transactions of final goods and services

Which of the following market transactions of final goods and services are excluded from the computation of U.S GDP

  What differences in behavior of the victims might you expect

An emissions fee is paid to the government, whereas an injurer, who issued and held liable, pays damages directly to the party harmed by an externality. What differences in the behavior of victims might you expect to arise under these two arrange..

  Program is implemented that guarantees college tuition

Assume to a program is implemented that guarantees college tuition assistance to students maintaining a minimum GPA standard.

  Explore the differences between economic model economic

Explore the differences between economic model, economic theory, and economic policy. How would you explain this to a friend who has no clue what the differences are. Compare and contrast.

  What was the value of the tax multiplier

Illustrate what was the value of the government expenditure multiplier. What was the value of the tax multiplier.

  Explain why you classify them as nonvalue-added activities

List the activities in the doctor's office that are candidates for nonvalue-added activities. Explain why you classify them as nonvalue-added activities.

  An increase in autonomous investment

An increase in autonomous investment will cause equilibrium output to increase

  What will be the macroeconomic result

Suppose that full-employment (and full-capacity) output in an economy is $200. If Ca is $150, lg is $50, Xn is -$10, and G is $30, what will be the macroeconomic result?

  Explain is a high degree of market concentration a boon

Explain is a high degree of market concentration a boon or threat to consumers. What is the strongest argument on either side.

  What is the significancee of this opportunity cost

What is the significancee of this opportunity cost to the search for better technology to reduce pollution?

  Parkleigh presents an hourly salary

Parkleigh presents an hourly salary also the employee discount. Kaufmann's offers only an hourly wage.

  Calculate the average cycle stock for this item

Calculate the average cycle stock for this item using the order quantity in part a. c. Assuming there are 12 periods per year, calculate total cost per year.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd