Understanding Business, 10th Edition

Published by McGraw-Hill Education
ISBN 10: 007352459X
ISBN 13: 978-0-07352-459-7

Chapter 2 - Understanding Economics and How It Affects Business - Critical Thinking - Page 55: 2

Answer

Yes, such as transportation

Work Step by Step

Many governments provide public transportation in the form of a bus or train system. This services benefits from competition in the private market such as cars, Rideshare apps, bicycles, and taxis. This private competition gives people alternative options to public transportation, which makes the number of people using it more manageable.
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