Solved

For People Who Live near a Bus Route,a Subway Station,or

Question 77

Multiple Choice

For people who live near a bus route,a subway station,or a commuter rail line,public transportation provides a substitute to driving their own cars.So,for these people,the ________ between gasoline and public transportation is positive.


A) income elasticity of demand
B) price elasticity of demand
C) cross-price elasticity of demand
D) price elasticity of supply

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions