Friday, August 15, 2008

Taxi Drivers on Strike



Read this article from Washington Post








Washington cabdrivers upset about the switch from zones to meters yesterday launched the first in what might be a series of weekly strikes aimed at getting the attention of Mayor Adrian M. Fenty and the riding public.



The 7 a.m. to 7 p.m. strike left some early-morning passengers waiting outside Union Station and caused others to rethink their transportation plans. But hotels met the challenge with fleets of limousines and other hired cars, and officials reported that the strike caused few disruptions citywide. It was unclear how many drivers participated.



Some drivers demanded double the price of a taxi ride or more, leading to cross words from some people who refused to pay.

Thoughts and Questions

Now, how does that affect the supply of taxi services in the city of Washington D.C?

Will the supply curve shift? or will there be a movement along the supply curve?








Thursday, August 07, 2008

Clock