Answer to Question #72190 in Microeconomics for Mbee

Question #72190
Examine the possible measures which the government might use to reduce the cost of rail travel in the UK including the rail union’s suggestion of re-nationalisation
1
Expert's answer
2018-01-04T04:42:30-0500
The government may use some tools to decrease price like setting fixed ticket prices below the current market prices, implementing of some new antitrust laws and renationalisation of rail industry.

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