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by BrainInAJar
4449 days ago
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Right but dynamic pricing is precisely why taxicabs are as regulated as they are. It costs you the same amount to get from the Airport downtown on a Friday night as it does Tuesday at midday. And you the tourist know how much it'll cost you when you get there, because the price is regulated. |
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Only in a world with unlimited supply. When demand peaks, you'll either have the price increased ("surge pricing") or people will have to go without when supply can't mean demand.