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Title: Even if the City Council fixed high minimum taxi fares and gave licenses to operate to only a few ca Post by: Sublight2097 on Jun 20, 2015 Even if the City Council fixed high minimum taxi fares and gave licenses to operate to only a few cab owners, license holders would not earn large profits from operating taxis in the city because
A) people would drive their own cars. B) people would substitute buses for taxis. C) taxis are not a necessity of life. D) the cost of owning a license would eat up the potential profits from operating a taxi. E) the demand would fall as taxi fares rose. Title: Re: Even if the City Council fixed high minimum taxi fares and gave licenses to operate to only a fe Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: Even if the City Council fixed high minimum taxi fares and gave licenses to operate to only a few ca Post by: Sublight2097 on Aug 31, 2015 My mind was going in all different directions trying to figure this one out. Thanks so much.
Title: Re: Even if the City Council fixed high minimum taxi fares and gave licenses to operate to only a few ca Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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