In this paper, I will analyze the structure, conduct, and performance approach of the Public Transportation Industry in general and then concentrate on the local (regional) aspect and talk about SEPTA. Before I go in-depth, I will briefly tell you what I am planning to achieve in my discussion. For structure, I will talk mainly about the number of firms, concentration, entry barriers, product differentiation and changes in demand. For conduct, I will mainly focus
showed first 75 words of 1727 total
showed last 75 words of 1727 total
and still maintain large market share existence of overall commuters. I have related SEPTA's behavior and performance to local Public Transportation Industry's structure well, and I believe that the material learned in class and in textbook helped me understand economical reasons why a firm would "apply" price discrimination.