Public transportation is an inferior good. if consumers' incomes decrease, this will cause:____.

1 answer:

8 0

Public transportation is an inferior good. if consumers' incomes decrease, this will cause Demand for public transportation to increase- a rightward shift .

Transport (British English) or transport (American English) is the movement of people, animals, or goods from one place to another. In other words, transport activity is defined as the specific movement of an organism or thing from point A (location in space) to point B. and spaces.

This area can be divided into Infrastructure, Vehicles, and Operations. Transportation enables trade between peoples, which is essential to the development of civilization.

Transportation infrastructure includes fixed assets such as roads, railroads, airways, waterways, canals, and pipelines, as well as fixed assets such as airports, railway stations, bus terminals, warehouses, truck terminals, and fuel stations (including petrol and service stations). terminal, and seaport.

The terminal can be used for passenger and cargo exchange, as well as maintenance.

Learn more about Transportation here. brainly.com/question/27667264

#SPJ4

You might be interested in

What types of businesses are needed to make the product and deliver it to the final consumer.

Gnesinka [82]

Answer:

Manufacturing and Merchandising businesses

Explanation:

The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.

On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.

Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.

8 0

2 years ago

Impact of lockdown on business

Zina [86]

Explanation:

Impact on lockdown on business It has been very tough time for buisness as far as we know buisness hasnt last long enough and there has been very huge losses.

3 0

3 years ago

According to maslow, what is a need? not what are the needs but what IS a need?

qaws [65]

Answer:

a need is something you need to live/survive its something you cant live without

Explanation:

7 0

3 years ago

What needs to be determined when estimating cash flows for a potential new project?.

Serjik [45]

Answer:

The incremental after-tax cash flows associated with the project

3 0

2 years ago

What did this embargo cost the U.S taxpayers?

Sidana [21]

Answer:

explanation below

Explanation:

The Cuban embargo, known as el bloqueo (the blockade), was one that happened due to Cuba’s expropriation of “some $1.8 billion worth of U.S.-owned property. The US put policies in place to restrict the way other countries engage in businesses with Cuba.

As the embargo continued to affect the people of Cuba, it also cost the US far more than expected. Certain reports has it that the US has lost nearly all its international support for the embargo. The cost of the embargo on the economy of the US was around $130 billion over nearly six decades.

4 0

2 years ago