1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
muminat
3 years ago
15

Uber is a tech company that connects its mobile phone app users who have a trip request with nearby Uber drivers who use their o

wn cars. Because of its low cost and time efficiency, it has become a very popular means of transportation among college students. As new semester begins, many students have returned to Boston from their home. Analyze the effects on the Boston Uber market.
1. What happens to equilibrium price?
2. What happens to equilibrium quantity?
Business
1 answer:
Liula [17]3 years ago
6 0

Answer:

1. The price for Uber services increases.

2. The quantity of Uber services sold increases.

Explanation:

As the college students use the uber so here the number of students are rised up that means the demand is more when the semester is started i.e. the price is more

Also the uber has one attribute i.e. surge pricing which represent the law of demand and the supply. In the case when the demand is more or the supply is less the price would increase

So overall the price and the quantity should increased

You might be interested in
Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred co
Zolol [24]

Policies related to setting interest rates, management of money supply, and the buying/selling of treasury bonds are referred collectively as <u>Monetary policy</u>

Monetary policy is primarily involved with the management of interest rates and the total pool of money in circulation and is generally taken out by central banks, such as the U.S. Federal Reserve.

<h3>What is monetary policy and fiscal policy?</h3>

Monetary policy refers to central bank activities that are headed toward influencing the amount of money and credit in an economy. By contrast, fiscal policy guides to the government's decisions about tax and spending. Both monetary and fiscal policies are used to control economic activity over time

To learn more about Monetary policy, refer

brainly.com/question/13926715

#SPJ4

8 0
2 years ago
PLEASE HELP ME
Gnom [1K]

Answer:

C

I hope it helps, sry if it doesn't!

I don't rly know how to explain it tho

Explanation:

6 0
3 years ago
Select the correct answer.
-BARSIC- [3]

Answer:

the answer is b

Explanation:

4 0
3 years ago
How to calculate the total cost of a car loan.?
ExtremeBDS [4]
I think u would add it like u would add anything else mabey
6 0
3 years ago
Social factors exert the broadest and deepest influence over a person’s consumer behavior. True or false?.
Scilla [17]

Social factors exert the broadest and deepest influence over a person’s consumer behavior   false (culture)

Culture :

A person’s culture is represented by a large group of people with a similar heritage. Culture exerts a strong influence on a person’s needs and wants because it is through culture that we learn how to live, what to value, and how to conduct ourselves in society. The American culture, which is a subset of the Western (European) culture, will be the primary focus of this discussion, although other societies in other parts of the world have their own cultures with accompanying traditions and values.

Learn more about Consumer behavior :

brainly.com/question/13535509

#SPJ4

4 0
2 years ago
Other questions:
  • The Huffington Post generates revenue by providing​ ad-supported content such as​ news, blogs,​ entertainment, and commentaries.
    7·1 answer
  • Fixed financial charges include ________. stock repurchase expense common stock dividends and bond interest expense common stock
    11·1 answer
  • Angus works as a dairy farmer in Minnesota. He loves his work and finds a great deal of personal satisfaction in providing the h
    10·1 answer
  • Cruz Company uses LIFO for inventory costing and reports the following financial data. It also recomputed the inventory and cost
    15·1 answer
  • Three critical activities occur during group socialization that affect the productivity of teams, and they are:
    10·1 answer
  • Your online store is using Firebase as its SDK for its mobile app. The app integrates with your website. You're also using Googl
    14·1 answer
  • Before 1993, the U.S. Forest Service sold timber-cutting rights:
    6·1 answer
  • Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it
    8·1 answer
  • Identify and analyze a department in your organization that experiences frequent equipment or process failures. If you are not c
    15·1 answer
  • Is the sole shareholder of a corporation. for the past five years, has reported little or no taxable income as a result?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!