What is surge pricing in rideshare services?
Surge pricing is a pricing strategy used by rideshare companies to increase fares during high demand periods.
How do they determine when to implement surge pricing?
They use algorithms that analyze factors like demand, supply, time of day, and local events to set surge prices.
Can you give me an example of when surge pricing might occur?
Sure! Surge pricing often occurs during rush hours, bad weather, or major events like concerts or sports games.
Is there a way to avoid surge pricing?
You can try to book your ride during off-peak hours or use fare comparison apps to find the best time to ride.
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