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5min chapter
Why dynamic pricing — at Wendy’s and everywhere — is likely inevitable
The Hustle Daily Show
Exploring the Complexity of Dynamic Pricing and its Implications
This chapter analyzes dynamic pricing in markets, discussing its historical context, consumer benefits, and potential risks including market exploitation. Examples from Coca-Cola and Uber illustrate the fine line between profit maximization and customer satisfaction, while considerations of monopolistic pricing and algorithmic use are also explored.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode