Bus services are generally more energy efficient than cars yet the trend over the past 30 years

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Bus services are generally more energy efficient than cars yet the trend over the past 30 years has been a decline in the proportion of commuters taking buses despite an increase in real energy prices. Why?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:20 AM

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Bus services are generally more energy efficient than cars yet the trend over the past 30 years

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The most important reason is the increase in income Assume that 30 years ag...View the full answer

Microeconomics and Behavior

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