The only way this would make sense is in the form of a happy hour or a lunch special which I guess are all just reverse surge pricing, but can’t just simply make things cost less in off peak hours in god’s Amerikkka.
industries that rely on the relationship between a company and its customers — such as health care — likely won’t embrace surge pricing.
“likely”
Sorry you were shot when a gunman opened fire on a school killing 10 and injuring 23, but due to the sudden, unexplained surge of patients with gunshot wounds, the bill for tending your injuries is gonna be $80,000.
Bullying works. Join a union.
Metaverse, crypto, gig economy, generative AI, poverty wages
How much more evidence do we need that the average person doesn’t know what is best for them
IDK about the regular average person, but I think this is more evidence that the average person with above-average money does not know what’s best for themselves or the rest of us.
“If [the] price is the same throughout the entire day, they are actually losing revenue during those peak period times,” Shumsky said.
This is your brain on orthodox economics.
Econ 101 professors absolutely coooooming right now!
“Imma… IMMA… IMMMA GONNA MAXIMIZE MY PROFITS!!!”