Nowadays, we are used to prices of products and services that fluctuate in a wide range. Because of this variability, people will pay dramatically different amounts of money for the product or service ...

Recently, the fast food chain Wendy's faced backlash after it announced a plan to start moving prices in tandem with demand, a practice known as dynamic pricing. While consumer outrage may have forced ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Six months after Wendy’s started a fierce debate about the fairness of dynamic pricing in restaurants, with consumers comparing price fluctuations throughout the day to Uber surge pricing policies, ...

Fixed and variable electricity tariffs each have their own advantages and drawbacks, which vary across Europe. As of January 2025, fixed prices are slightly lower than variable contracts on average in ...

As part of the discussion regarding costs, Bowser went over some of the criteria the company will look at when making a decision. When speaking to Gene Park, he noted, “We’ll look at each game, really ...

The Green Bay Packers like the idea of variable ticket pricing, but haven’t figured out how to make it work under their unique circumstances. The Green Bay Packers like the idea of variable ticket ...