Answer:This demand-based pricing strategy is an example of:DYNAMIC PRICING
Explanation:
dynamic pricing is a pricing strategy where by prices of product are adjusted every now an then to accommodate th changes in demand and supply response. Uber charges less when there is low demand to make sure that they get customers but they double or triple their prices when there is high demand because customers are in surplus.
Here are a few benefits of dynamic pricing
- one has major control on their pricing strategy
- it is flexible without interfering with the brand
<span>Social Contract is defined as the rights and obligations of
citizens to the government. This can be
seen through the laws that people must obey when they are in a country. In the 18th century, the concept
of social contract is that man surrenders some of his freedom in exchange for
the benefits and protection that the state provides. Some state that it rises from natural law
where people obey the government in exchange for the protection of their
rights. Still if the conditions imposed
on them is unfair, then they have right to challenge those conditions.</span>
The school of social thought that insists all social structures, including systems of stratification, are built out of everyday interactions is called the symbolic interactionism. It is an idea that focuses on linguistic communication and a subjective understanding on the role of language in the development of a child considered to be a social being.
<span>MEAN. As the distribution becomes more skewed the mean and the median move away from the mode. With extremely skewed distributions the mean will be somewhat misleading as a measure if central tendency, because it is highly influenced by extreme scores.</span>
Answer: Definitional approach
Explanation:
Definitional approach to categorization is the approach that is used making judgement about any object whether or not it belong to the category based on the definition of category.If category's definition go along with object then it is considered as member of category.
According to the question, fish category can have gill, scale or fins which creates issue in classification of them into fish category as per definition of fish.Thus, problem in using definitional approach for categorization occurs in this case.
