Taxicab companies in the us typically own the cab and, Ask an Expert

Economics

Taxicab companies in the US typically own the cab and license. Taxicab drivers then pay a daily fee (rent) to the owner, and then keep all the fares they collect. By contrast, bus drivers are paid a salary for driving a bus. Why are cab drivers and bus drivers paid differently?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92201718

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