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read article here
I have read the article at least twice. the only reason was given as below
"How the 2.8 per cent figure was calculated: By aggregating the 3.4 per cent fare adjustment quantum carried over from the 2013 Fare Review Exercise with the -0.6 per cent figure from 2014, the PTC said."
in the article, it says 1.1 million commuters will have not have any fare change. but it did not say how many commuters' fares will change. what is the number of commuters who will be affected?
interestingly, couple of days ago - it is reported that there could be a lower transport price due to falling energy prices. article can be found here
in that article, in that it stated that in 2014 there was a 3.2% increase. in 2015 there is an increment of another 2.8. this would mean that within 2 years there is an increment of 6%. so if one spends ~$200/month in bus/trains, it will mean an increment of $12/month. therefore if an employee did not get a pay increment of more than $12/month, what is the opportunity cost?
I have read the article at least twice. the only reason was given as below
"How the 2.8 per cent figure was calculated: By aggregating the 3.4 per cent fare adjustment quantum carried over from the 2013 Fare Review Exercise with the -0.6 per cent figure from 2014, the PTC said."
in the article, it says 1.1 million commuters will have not have any fare change. but it did not say how many commuters' fares will change. what is the number of commuters who will be affected?
interestingly, couple of days ago - it is reported that there could be a lower transport price due to falling energy prices. article can be found here
in that article, in that it stated that in 2014 there was a 3.2% increase. in 2015 there is an increment of another 2.8. this would mean that within 2 years there is an increment of 6%. so if one spends ~$200/month in bus/trains, it will mean an increment of $12/month. therefore if an employee did not get a pay increment of more than $12/month, what is the opportunity cost?
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