Calculating PED of public transport Transperth ticket prices were reported to have increased by about 10 (or twice the rate of inflation) between the 2012 13 and 2014 15 financial years Over the same period, the number of train journeys fell by more than half a million, from 27,883,067 to 27,143,3...

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*Calculating PED of public transport: Transperth ticket prices were reported to have increased by about 10% (or twice the rate of inflation) between the 2012/13 and 2014/15 financial years. Over the same period, the number of train journeys fell by more than half a million, from 27,883,067 to 27,143,328. Does this suggest Perth commuters were price-sensitive? How might public transport companies use this information?

Posted Date: Jun 21, 2024 03:01 AM

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*Calculating PED of public transport : Transperth ticket prices were reported to have increased by about 10%...

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