FlyerTalk Forums - View Single Post - Heads up: NYC Taxi flat fee from JFK to Manhattan to rise
Old Jan 30, 2004 | 11:47 pm
  #15  
JS
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Join Date: Sep 2000
Location: GSP (Greenville, SC)
Programs: DL Gold Medallion; UA Premier Executive; WN sub-CP; AA sub-Gold
Posts: 13,393
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by JeremyZ:
I think we're supposed to get some desperately needed new medallions issued, though. On balance, it's probably a good thing.</font>
This makes no sense. Higher price leads to lower demand. Greater supply leads to lower price. How can both occur simultaneously?

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