The Sharing Economy and Rentals: Checkpoint 1

Quick checkpoint - five questions on the sharing economy and rentals.

Question 1 of 5 What is idle capacity?

A tax rule A type of bank loan A factory shutdown Assets that sit unused much of the time

Sharing platforms use it.

Question 2 of 5 What does surge pricing do?

Raises prices when demand exceeds supply Lowers prices always Sets fixed fares Bans rides

It encourages more drivers.

Question 3 of 5 Which platform popularised home sharing?

Rapido Yulu Zoomcar Airbnb

Cities have restricted short-term rentals.

Question 4 of 5 What happened to WeWork in 2023?

It became the world's biggest office landlord It went public at a record It filed for bankruptcy It merged with Airbnb

Its valuation had collapsed in 2019.

Question 5 of 5 What is the rebound effect?

A bounce in prices A type of loan Cheaper access leading to more use A tax refund

It can offset environmental gains.

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