Induced Demand - Assignment Point
Induced Demand
Subject: Economics | Topics:

Induced demand is the phenomenon that after supply increases, more of a good is ingested. This is entirely in step with the economic principle of supply and also demand; however, this idea has grown to be important in the debate in the expansion of transport systems, and is usually used as a quarrel against widening highways, such as main commuter roads. It is deemed by some to be a contributing factor to urban sprawl.

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