How Much Does It Cost to Take Public Transit in Toronto? The price of a TTC day
Question:
How Much Does It Cost to Take Public Transit in Toronto? The price of a TTC day pass is $12.50. A weekly pass with unlimited travel is $43,75 for adults and $34.75 for seniors and students. Source: Tripsavvy, September 3, 2019
a. Explain why the TTC's fare structure is an example of price discrimination.
b. Why does the TTC sell passes at various prices?
e. Draw a graph to show that the TTC benefits from price discrimination. Monopoly Regulation
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
1+ Reviews
10+ Question Solved
Related Book For 
Microeconomics Canada In The Global Environment
ISBN: 9781556520617
11th Edition
Authors: Michael Parkin, Robin Bade
Question Posted:
