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Transportation Economics - Coggle Diagram

- - - - Price
      - Quality
      - Preference/Choice
      - Income of consumer
      - Physical Characteristics
        
        Goods with High cost; Low quantity- Air
        
        Goods with Low cost; High quantity- Ship/Rail
- - - - Example: Private Trucking company
  - - - Example: Government's Transit
- - - - Owned by only one person, who is responsible for all decision
        
        Unlimited Liability
    - - 2 to 20 partners
        
        Unlimited Liability
        
        Limited Liability
    - - Private Ltd. Company
        
        Smaller than PLCs
        
        No shared on stock market
        
        Limited Liability
      - Public Ltd. Company
        
        Owned by shareholders; run by directors
        
        Shares sold on stock market
        
        Limited Liability