Question: 1. Under what circumstances would it be wise for a bus company to put up fares when faced by falling numbers of passengers? Would deregulation

1. Under what circumstances would it be wise for a bus company to put up fares when faced by falling numbers of passengers? Would deregulation make any difference to this decision?

2. Did the introduction of mini-buses affect the case for or against deregulation?

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1 It would not normally make sense to put up fares in these circumstances If the company is a profit ... View full answer

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