1. What are the implications for demand in the short and long r
... private car ownership with the reduction in the average costs of running a car. However today there are very few further economics of scale available in the motor industry, which is common for many mature industries, as an increase in the number of cars on the road does not guaranty a benefit for society and has both positive and negative effects on the ... policies. The excess use of road transport imposes external costs that lie hidden from the consumer in the sense of actual use of road transport but are paid for in other indirect forms. It is apparent that the dependency upon road t...
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- Approx Pages: 7
- Grade Level: Graduate