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If the trains run out of seats in 3rd class, this helps prevent 2nd class from being cannibalized - customers who want a guaranteed seat or less overcrowding th
by makomk 10y ago
If the trains run out of seats in 3rd class, this helps prevent 2nd class from being cannibalized - customers who want a guaranteed seat or less overcrowding then have to buy a 2nd class ticket.
- smallnamespace 10y agoThat shouldn't happen -- your excess 3rd-class customers would go with your competitor instead of buying expensive 2nd-class tickets. Best choice is to raise the price of 3rd-class seats, which brings us back to whether the increased ticket revenue there offsets cannibalization.