| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Time for a Practical Solution for Hammersmith Bridge | |
| Posted by: | Richard Carter | |
| Date/Time: | 17/05/25 10:45:00 |
| "people at the margin" does not mean, as you are implying, people at the margins of society and is nothing to do with entitlement; it's an economic term, meaning marginal users, ie, those less committed to using the service in question. The theory of elasticity, or more specifically, elasticity of demand and supply, measures the responsiveness of one economic variable (like quantity demanded or supplied) to a change in another (like price or income). |