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Today, many customers can use Buy Now, Pay Later (BNPL) services with zero interest due.

Buy Now, Pay Later and the New Consumer Debt Cycle

Over the past few years, consumers have flocked to Buy Now, Pay Later (BNPL) services, many offered with zero interest. This option leads to more purchases overall, but does come with some risk of overspending....
5 min read
Managing the economy

Equilibrium_answer

Saddique Ansari • February 04, 2019 • 1 min read

Author bio

 Answer

Price level Aggregate demand Aggregate supply
200 50 700
180 160 700
160 270 700
140 380 680
120 490 660
100 600 600
80 710 100
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Fast food restaurants with electronic menus have the ability to change prices rapidly, known as surge pricing.

Surge Pricing and the Ethics of Real-Time Markets

Many firms today can use electronic sales over websites and apps to engage in surge pricing, or the rapid increase in price to accompany temporary increases in demand. Is this practice ethical?...
5 min read

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