According to figure, the expectation is that transport infrastructure investments will result in transport improvements in terms of capacity, efficiency, and reliability. The related lower transport costs, the shorter transit times and business expansion are making economic activities more productive and competitive.’’ So, how can transport systems and transport improvements impact the commodity and labor markets in the regional economy? Please explain the question by commenting on main goals of transportation system.

According to figure, the expectation is that transport infrastructure investments will result in transport improvements in terms of capacity, efficiency, and reliability. The related lower transport costs, the shorter transit times and business expansion are making economic activities more productive and competitive.’’ So, how can transport systems and transport improvements impact the commodity and labor markets in the regional economy? Please explain the question by commenting on main goals of transportation system.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 7SCQ: Would a research study on the effects of soft drink consumption on childrens cognitive development...

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