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Direct effect raises demand - PowerPoint PPT Presentation

Elasticity

Elasticity

Elasticity. Managerial Economics Jack Wu. New York City Transit Authority. May 2003: projected deficit of $1 billion over following two years Raised single-ride fares from $1.50 to $2 Raised discount fares One-day unlimited pass from $4 to $7 30-day unlimited pass from $63 to $70

★ ★ ★ ★ ★

562 views • 40 slides
Elasticity

Elasticity

Elasticity. IMBA NCCU Managerial Economics Jack Wu. Case: New York City Transit Authority. May 2003: projected deficit of $1 billion over following two years Raised single-ride fares from $1.50 to $2 Raised discount fares One-day unlimited pass from $4 to $7

★ ★ ★ ★ ★

528 views • 39 slides
Elasticity

Elasticity

Elasticity. Managerial Economics Jack Wu. New York City Transit Authority. May 2003: projected deficit of $1 billion over following two years Raised single-ride fares from $1.50 to $2 Raised discount fares One-day unlimited pass from $4 to $7 30-day unlimited pass from $63 to $70

★ ★ ★ ★ ★

382 views • 38 slides
Elasticity

Elasticity

Elasticity. MBA NCCU Managerial Economics Jack Wu. Case: New York City Transit Authority. May 2003: projected deficit of $1 billion over following two years Raised single-ride fares from $1.50 to $2 Raised discount fares One-day unlimited pass from $4 to $7

★ ★ ★ ★ ★

537 views • 37 slides
Elasticity

Elasticity

Elasticity. IMBA NCCU Managerial Economics Jack Wu. Case: New York City Transit Authority. May 2003: projected deficit of $1 billion over following two years Raised single-ride fares from $1.50 to $2 Raised discount fares One-day unlimited pass from $4 to $7

★ ★ ★ ★ ★

397 views • 37 slides

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