[Solved] Demand Elasticity
Two discussions. Need 250 words Initial Post and two replies for each. Due today. W2: Transportation Planning; Motor Carriers Discussion What do transportation & logistics (T&L) leaders need to do to prepare for the future of freight transportation, especially motor carriers? W3: Demand Elasticity There are several factors that affect transportation costs. I would like you all to explore costs that are associated with demand elasticity on a single user’s transportation cost. This user would be traveling via plane from their point of origin to their destination. Also, how could one build a model to represent total traveling costs to this user? For more information on Demand Elasticity read this: https://en.wikipedia.org/wiki/Price_elasticity_of_demand
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