✔ 最佳答案
The demand for bus services is inelastic because there is no close substitute. People can only make choice of the bus company' service, providing a lot of fixed route bus stops for passangers as other kinds of vehicles are not allowed to stop at all the bus stops. As the percentage change in quantity is smaller than the percentage change in price, the revenue will increase after a rise in price. Therefore, the bus company doese not face the same situation as the taxi industry.
Hope this helps!