An approach to estimate differential inter-zonal marginal costs for a transport system is presented. The approach is illustrated in detail through an application using monthly time-series data of a ...

This is a preview. Log in through your library . Abstract This paper analyses the relationship between traffic volume and maintenance costs, and derives estimates for the cost elasticity and the ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs cannot be substituted for each other in production. 3. The marginal ...