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Business, 04.08.2019 16:40 cybilmariejensen
After a recent study showed significant benefits to the use of public transportation, government officials have hired your consulting firm to increase its use. in the initial meeting between the government officials and your consulting firm, some ideas for increasing demand were discussed. here are three of those suggestions. suggestion 1. reduce the price of public transportation. suggestion 2. increase the price of private transportation by increasing tolls. suggestion 3. offer monthly and yearly passes that reduce the price paid per ride. based on your knowledge of the law of demand, which suggestion(s) would you recommend?
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