Which of the following modes of transportation has the highest elasticity?

Transportation plays a great role in any economy. Which of the following modes of transportation has the highest elasticity?
(a) Air
(b) Rail
(c) Road
(d) Water

Anurag Mishra Professor Asked on 12th January 2016 in Travel.
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  • 1 Answer(s)

    Answer: (c) Road 

    Anurag Mishra Professor Answered on 12th January 2016.
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