Question

(Consider This) A primary advantage of Uber to government-regulated taxis is that Multiple Choice O Uber riders are guaranteed lower fares. O Uber drivers are required to meet more stringent safety standards. O Uber's dynamic pricing avoids the inefficiencies caused by regulated taxi fares. O the greater monopoly for rides increases profits for both Uber and regular taxi drivers.

Answer 1

Answer is C

Uber's dynamic pricing avoids the inefficiencies caused by regulated taxi fares

Reason

As Uber provides healthy competition it avoids inefficiency caused by regulated taxi fares