Can you say elasticity of demand?
Redlight cameras are working so effectively in Dallas that infraction rate fines are not covering the fixed cost of operating the cameras. The quantity response was large than expected. You could lower the fine, or - to save costs - turn off some of the cameras at random and let the drivers know the odds.
See: demand elasticity and revenue.
See: demand elasticity and revenue.
0 Comments:
Post a Comment
<< Home