"Eclipse Viewing Costs Soar to New Heights"

1 min read
Source: KXAN.com
"Eclipse Viewing Costs Soar to New Heights"
Photo: KXAN.com
TL;DR Summary

Businesses in the path of the recent eclipse, including hotels and vacation homes, significantly raised their prices, drawing criticism for capitalizing on the celestial event. Dr. Edward Anderson, a supply chain management expert, explained that dynamic pricing algorithms and perceived demand drive these price hikes, which are not considered price gouging under current laws. While warnings about fake eclipse glasses circulated, hotel rates fluctuated based on market conditions, with some establishments charging exorbitant prices for the eclipse period.

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