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Prior to the introduction of Uber, taxi services were essential city sanctioned monopolies. Compare the equilibrium price and quantity for a taxi ride in the
Prior to the introduction of Uber, taxi services were essential city sanctioned monopolies.
- Compare the equilibrium price and quantity for a taxi ride in the traditional taxi market relative to if the market were operated through Uber drivers. Explain the main characteristics of each market structure.
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
