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 ...

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, ...

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 ...

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 ...

In 2023, households in the EU spent 4.6% of their budget on electricity, gas, and other fuels, down from 4.9% in 2022 but still above the 4.1% recorded in 2019 according to Eurostat. Energy costs ...

Fast-food chain Wendy’s got a heaping helping of blowback last month from angry customers reacting to its plans to test dynamic pricing–an irate reaction that led to the company doing a bit of ...

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 ...