Answer to Question #72307 in Microeconomics for Mbee

Question

According to the articles how does the cost of rail travel in the UK compare with other European countries?
Why do you think there is such a difference in the percentage of monthly income spent on rail travel in the UK compared with other European countries mentioned in the article?

https://www.theguardian.com/business/2017/aug/15/uk-commuters-brace-rail-fares-hike-uk-inflation

https://www.theguardian.com/money/datablog/2017/jan/06/tracking-the-cost-uk-and-european-commuter-rail-fares-compared-in-data

Answer 1

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