Quote:
Originally Posted by TurnedTheCorner
Uh, supply/demand sets the price. So by adjusting the price, an attempt is being made to increase the supply/lower the demand to find a new equilibrium. You...do know how supply/demand works? Right?
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In this case; decreasing demand seems to me it will increase the number of drunk drivers on the road.
If there are not enough cabs on the road; then issue more licenses. In any other business model you would hire more staff to take care of the customers.