HIGHWAY ECONOMICS AND THE ELASTICITY OF PRICE DEMAND

Abstract: This 3-page paper discusses how the elasticity of price demand fits Peabody's principal, which is that an increase in highway capacity increases traffic volume by an amount to leave the trip costs unchanged. Bibliography lists 5 sources.

Filename: MThighecon.rtf

Pages: 3

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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