1. What are the implications for demand in the short and long r
... with the creation of out of town business parks. This would also imply an increase in the demand for road transport, as privately owned cars would be the preferred method of transport to access these rural or isolated locations if the costs were subsidised, the services would be available to ... not however provide a short-term external benefit to society, but instead further increases the external costs in the long term. A higher number of cars on the road reduces the average speed of travel, causes congestion within urban areas costing an individual both directly and indirectly and is...
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- Approx Pages: 7
- Grade Level: Graduate
