There are train and bus services between New Delhi and Jaipur. Suppose that the train fare between the two cities comes down. How will this affect demand curve for bus travel between the two cities ?

There are train and bus services between New Delhi and Jaipur. Suppose

1.	There are train and bus services between New Delhi and Jaipur. Suppose that the train fare between the two cities comes down. How will this affect demand curve for bus travel between the two cities ?
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> curve for <a href="https://interviewquestions.tuteehub.com/tag/bus-404097" style="font-weight:bold;" target="_blank" title="Click to know more about BUS">BUS</a> travel will shift <a href="https://interviewquestions.tuteehub.com/tag/towards-7269729" style="font-weight:bold;" target="_blank" title="Click to know more about TOWARDS">TOWARDS</a> <a href="https://interviewquestions.tuteehub.com/tag/left-1070879" style="font-weight:bold;" target="_blank" title="Click to know more about LEFT">LEFT</a>. It happens because price of substitute (train fare) has decreased and it will make the bus travel relatively <a href="https://interviewquestions.tuteehub.com/tag/costly-426705" style="font-weight:bold;" target="_blank" title="Click to know more about COSTLY">COSTLY</a>.</body></html>