Wednesday, September 17, 2008

The Invisible Hand: UMD Bus Ridership Higher this Fall

The Invisible Hand series of posts will pay homage to the predictive power of the science of economics.

This is a good example of the laws of supply and demand at work, one that I could closely observe since I ride the bus to campus.

Due to many factors, including high gas prices and the economic slowdown, bus ridership at UMD increased significantly this Fall. There's no question that incentives matter.


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