bigeman312
Senior Member
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- Jul 19, 2012
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Re: Driven By Customer 'Service' Parte Dos
I think Bridj is not long for this world. But there is logic to the fact that a high enough fare increase will drive people to alternate modes. Maybe that mode is biking. Maybe it is an occasional Uber. Maybe it is to buy your own private automobile. Whatever it may be, the economics argument is sound. The demand for transit has a certain level of elasticity, as applied to all goods on the free market.
A 10% T increase would drive people to Bridj or Uber? Not sure I see the logic there.
I think Bridj is not long for this world. But there is logic to the fact that a high enough fare increase will drive people to alternate modes. Maybe that mode is biking. Maybe it is an occasional Uber. Maybe it is to buy your own private automobile. Whatever it may be, the economics argument is sound. The demand for transit has a certain level of elasticity, as applied to all goods on the free market.