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| Re: NJT Proposed fares/cuts - The official release (188865) | |||
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Re: NJT Proposed fares/cuts - The official release |
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Posted by JAzumah on Sun Mar 7 14:30:35 2010, in response to Re: NJT Proposed fares/cuts - The official release, posted by Gotham Bus Co. on Sun Mar 7 12:14:15 2010. The generally accepted rule of thumb is that ridership drops 3%-4% for every 10% increase in fare.The WHEELS cuts all together will knock around 1% off their ridership. APTA's recommended reading o fare elasticity |
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