Problem 1.225
Find the horizontal asymptotes for the graph shown in Exercise 11.
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MKT 350 March 15, 2016 Lecture notes Transportation Regulation Why regulate transportation Because transportation CANNOT manage itself. Transportation regulation has been there since 1800s. There were periods when regulation suddenly became strict, but then it could ease off. Transportation is the most regulated part of economy. As it was mentioned before, transportation cannot take care of itself. Illustration of this is the railroad monopoly. Federal government granted a lot of land to railroad, because railroad connected the states. And Granger movement was the effort to put railroad into their place, so that they behave like educated
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Chapter 1.3, Problem 1.225 is Solved
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