1. What are the implications for demand in the short and long r
... actual running cost of road transport inevitably increases car sales benefiting the motor industry and the transportation of produced goods within the manufacturing industry. This would therefore increase the demand for road transport, road space and road maintenance, in the short term, as the marginal benefit of making a journey would become greater than the marginal cost of the journey. ... maintenance of a good road network is again is very beneficial to business and the general public in the short term, reducing the time spent travelling and encouraging industrial development. For ...
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- Grade Level: Graduate