Question

if the metro fair in kolkata suddenly increases by 25%what will be happend to the demand carve for riding in a bus?​

Answer 1

Explanation:

it's depends on price

Here are Kolkata Metro's new fares:

0-2 km: Rs 5

2-5 km: Rs 10

5-10km: Rs 15

10-20km: Rs 20

Above 20 km: 25

The existing rate of the Kolkata Metro are:

0-5 km: Rs 5

5-10 km: Rs 10

10-20km: Rs 15

20-25 km: Rs 20

25 and above: Rs 25