1. Why do you suppose economists have found evidence of the most substantial use of mobile taxi...
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1. Why do you suppose economists have found evidence of the most substantial use of mobile taxi apps in cities with the highest ratios of potential riders to taxis?
2. What do you think would happen to the prices of New York City taxi medallions if digital taxi apps and non-taxi transportation services come into much wider use? Explain briefly.
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1 It is harder to successfully hail a taxi in cities w...View the full answer
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