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
Answer:
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Changes in fiscal policy that stimulate ad in a recession without the need for explicit action by policymakers are called Automatic Stabilizers
Automatic Stabilizers
Automatic stabilizers are a type of fiscal policy that is designed to offset fluctuations in a country's economic activity through normal operation without the need for additional, timely authorization from the government or policymakers.
During a recession, automatic stabilizers can alleviate household financial stress by lowering tax bills or increasing cash and in-kind benefits, all without requiring changes to the tax code or new legislation. When a household's income falls, for example, it generally owes less in taxes, which helps to soften the blow.
Learn more about the automatic stabilizers: brainly.com/question/25558588
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