3 ms·
Economies of scale. If alternatives get more expensive more people use rail, and the cost per rail rider drops.
by Retric 1y ago
Economies of scale.
If alternatives get more expensive more people use rail, and the cost per rail rider drops.
- chgs 1y agoOr it just means nobody travels.
- ghaff 1y agoPeople will travel one way or another. They'll just prioritize the factors that are important to them.
- potato3732842 1y agoOr the whole market shrinks because demand is fairly elastic.
- ghaff 1y agoTo some degree. At least in the US, people will tend to drive--perhaps shorter distances--if long distance travel gets too expensive.
- palmfacehn 1y agoHistorically US passenger service was secondary to express mail service. Without express mail service provided by the same trains, passenger service became unprofitable.
- Retric 1y agoThe timeline roughly matches up with that argument, but mail and people transitioned for similar reasons.