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1 year ago

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

1 answer:

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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.

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1 year ago