Question

1.) How does Uber cut costs compared with traditional taxi and limo fleet operators?

2.) Is Uber good for the economy or bad? Justify your answer.

PLEASE SUMMARIZE! ONE PARAGRAPH EACH PLEASE FOR A THUMBS UP.

Answer 1

Question 1:

Uber reduces expenses contrasted with conventional taxi and limo armada administrators as follows:-

•Uber driver doesn't acknowledge tips.

•Uber cut expenses for longer separation rides.

•Likewise the office of sharing called as Uber POOL has been presented which is financially savvy at the client side.

Question 2:

The advantages that cause to economy due to Uber is addition of work to drivers as it give a stage and wellspring of income to them.

•Uber is making Predatory valuing that is offering support requiring little to no effort and barring others from rivalry. As no little taxi organization can contend with it in light of cost.

•So it is making a syndication that will impacts the economy. so there is need of controlling it. it will hurt the economy.

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