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Microeconomics

C/E/142. The effect of free bus travel for the pensioners and the disabled on the demand for train journeys, taxis and tourist attractions

WORDS:
1200
DATE:
2006
PRICE:
19.99 GBP

The work discusses the effect of free bus travel for the pensioners and the disabled on the demand for train journeys, taxis and tourist attractions. The concept of the opportunity cost is discussed, and the alternatives of the taxpayers' money are provided. The work then evaluates the pros and cons of this policy and a conclusion is reached.

 

KEYWORDS: Free, bus, travel, Scotland, taxpayer, taxis, trains, microeconomics,

 
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