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PolarNik [594]
3 years ago
12

What does the Value of time mean

English
2 answers:
Kitty [74]3 years ago
4 0
Nothing time is not real
barxatty [35]3 years ago
3 0

Answer: In transport economics, the value of time is the opportunity cost of the time that a traveler spends on his/her journey. In essence, this makes it the amount that a traveler would be willing to pay in order to save time, or the amount they would accept as compensation for lost time.

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Hope this helps!!

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