Assume that the price of a bus trip is $2.00, and the price of a ride share
Question:
Assume that the price of a bus trip is $2.00, and the price of a ride share (e.g., using a company like Uber or Lyft) is $5.50. What is the relative price of a trip using a ride-share company, in terms of bus trips? What happens when the price of a bus trip rises to $2.75?
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To determine the relative price of a trip using a rideshare company compared to a bus trip we can ca...View the full answer
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