Public transportation is a transport service that is given by the government for the use of people. There are many types of public transportations such as taxis, buses, trains and also rapid transit. Taxis are available in many places and it is easy to find hence making the life of people easier to move from one place to another. Buses, such as Rapid KL are the largest bus operator in Malaysia, mainly operate around the urban area. This bus has operated for 167 routes with more than 1400 buses covering 980 residential areas. Trains such as KTMB, LRT, ERL and Monorail are provided for people to travel in a far distance for a short period of time. For example, in KTM, people can go from Rawang to Seremban in just a few minutes time. If people wants to go for a shopping and avoid traffic jam, they can use LRT as it pass many interesting place such as KLCC and lastly, citizen can aboard the ERL as it send directly to KLIA. With all this transportation, it is fair enough to increase the fees. Not only that, public transportation should be increased because it will avoid any fraud made by the drivers, and to be in line with the living expenses and lastly, the …show more content…
For example, Konsortium Transnational Buses (KTB), the country’s biggest public bus operator claimed that their company net profit had decreasing by 24% from RM 83 3000 to RM 63 3000 before September 2015 in the same period last year. A decreased of 11.4% from RM 52.6 million in which RM 46.6 million have occurred in the past year. And this has attributed to the drop of their performance in business area. But at the same time, there are some regular user of public transport stated that they also suffered losses. These thing happen because they totally rely on public transport and they do not have their own vehicle due to economic tensions. But if we look back, their loss will not be as large as the losses sustained by these public transportation companies if the price did not
Another argument is that pharmaceuticals make little profit because new drugs cost so much to develop. Derek Lowe, a chemist, states that "Expenses [are] doing nothing but rising, and the success rate for drug discovery [is] going in the other direction" (para 5). By his quote, Lowe means that the development of a drug outweighs the cost of the drug, resulting in little profit. However, this case is on drugs that failed in the market. Drugs that are long past development have the prices gouged for more profit.
No matter the cost of gas prices, the stations will still be full since one of America’s top natural resources is gas and if gas prices go down income follows as directly
Metro’s profit margin is also about double the percentage of Loblaws which demonstrates that Metro is better at taking revenue and turning it into profit than Loblaws. This company’s net earnings had a large increase of 12.9% from the previous year. The profit margin is important for shareholders because it shows them that the company is efficient and profitable. In addition, food deflation should ease in the next quarters so this will help grocery retailers, like Metro, to increase their profits and
The building of roads, canals and railroads played a large role in the United States during the 1800s. They served the purpose of connecting towns and settlements so that goods could be transported quickly and more efficiently. These goods could be transported fast, cheap and in safe way through the Erie Canal that was built to connect the Great Lakes to New York. Railroads were important during Civil War as well, because it helped in the transportation of goods, supplies and weapons when necessary. These new forms of transportation shaped the United States into the place that it is today.
This shows that people are greedy and do not care about how much something cost unless they have to pay for it or they have a lot of
And that exit barriers are high in production, but low distribution Barriers to