When A $65 Cab Ride Costs $192   Leave a comment

Update: Several readers commented on the route shown in the map above. Lisa Chow took the car for purposes of this story, and chose a route that began and ended near NPR's New York offices.

Link: http://www.npr.org/blogs/money/2014/01/24/265396928/when-a-65-cab-ride-costs-192

Summary: This podcast sheds light on supply and demand as well as elasticity using the well know car service Uber.

Original Air Date: January 24, 2014

Length: 4 minutes 9 seconds

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: