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surge pricing

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00:56 Sep 7, 2020
English to Malay translations [PRO]
Bus/Financial - Economics
Additional field(s): Business/Commerce (general), Economics, Finance (general), Marketing / Market Research, Social Science, Sociology, Ethics, etc.
English term or phrase: surge pricing
Definition from TapRun.com:
A strategy that increases prices as demand increases and decreases prices as demand shrinks. Energy companies often use this strategy, as the cost of electricity will vary over the course of a day.

Example sentence(s):
  • Apart from the cab industry and the food delivery industry there are other industries which are naturally suited to applying surge pricing in order to alter consumer and service provider behavior. Medium
  • Concerts and sporting events are obvious candidates for surge pricing because they involve large groups of people trying to leave the same place at the same time, which could easily overwhelm the supply of available drivers. But there are also examples of more geographically diffuse surge pricing events, often coinciding with holidays or inclement weather. Todd W. Schneider
  • In fact, surge pricing effectively makes the peak period more attractive for that subset, as there is likely to be less congestion when price-sensitive shoppers shift to off-peak periods. Anderson School of Management
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


This question will remain open until an answer receives the required level of agreement from peers. Submission is still possible.


Summary of translations provided
4 +1harga pusuan
Idzwan Ramli


  

Translations offered


233 days   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
harga pusuan


Definition from Pusat Rujukan Persuratan Melayu @PRPM:
Harga pusuan berlaku apabila permintaan penumpang adalah amat tinggi. Harga tambang lazimnya akan meningkat pada waktu ini untuk menggalakkan lebih ramai pemandu berada di jalan raya.

Example sentence(s):
  • Harga pusuan berlaku apabila permintaan penumpang adalah amat tinggi. Harga tambang lazimnya akan meningkat pada waktu ini untuk menggalakkan lebih ramai pemandu berada di jalan raya. - Buku Panduan Rakan Pemandu 101  
  • Harga pusuan berlaku apabila permintaan penumpang adalah amat tinggi. Harga tambang lazimnya akan meningkat pada waktu ini untuk menggalakkan lebih ramai pemandu berada di jalan raya. - Uber  
Idzwan Ramli
Malaysia
Local time: 13:18
Native speaker of: Native in MalayMalay

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Hasni Hastuti
102 days
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