Question in the early part of the twentieth century it was, Ask an Expert

Economics

Question: In the early part of the twentieth century, it was cheaper to travel by rail from New York to San Francisco than it was to travel from New York to Denver, even though the train to San Francisco would stop in Denver on the way.

a. Denver is a city in the mountains. Suggest alternate ways to get there from New York without taking the train.

b. San Francisco is a city on the Pacific Ocean. Suggest alternate ways to get there from New York without taking the train.

c. Why was San Francisco cheaper?

d. How is this story similar to the one told in this chapter about prices for flights from Washington, D.C., to either Dallas or San Francisco?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92655183

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