Rolling on Down the Concourse
As technology changes, so do business opportunities. In this case, it is the wheel that has eliminated a profitable business.
The city will pay up to $360,000 for a company to manage and lease out luggage carts to passengers arriving to and leaving from Phoenix Sky Harbor International Airport.
Fewer passengers rent the carts because they use wheeled luggage. Carts no longer are a money-making business.
Not unlike payphones.
Labels: microeconomics
posted by Scott Gustafson at
4/21/2011 09:32:00 AM
1 Comments:
Technology has brought so many changes in the world. With the great advancement of technology, it affects the lives of the people. Though technology brought ease and many other benefits still in return it is harmful.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home