Kevin Drum

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    In the New York Times today, Ginia Bellafante tells the story of her pre-Christmas trip to LaGuardia airport:

    “So, how much do you think the Lyft cost?’’ my husband asked as we checked in. He was looking at his phone with a sour expression. “Eighty?” I offered. In fact, the trip that typically ran about $35 had cost $192.

    ….Prices always climb when demand is very high, and demand is always high during the holidays. We expect this. Yet even by that standard, my experience has been startling — $50 to send a babysitter home to downtown Manhattan simply from the other side of the Brooklyn Bridge, late one night in mid-December. Friends and neighbors have shared similar stories of sticker shock.

    I don’t live in New York City, so I’m curious: yellow cabs still exist, don’t they? How much is an ordinary metered cab likely to cost for a trip between Brooklyn and LaGuardia at rush hour? Surely nowhere near $192. What about a black car for a prearranged trip like this? Even that would be cheaper, wouldn’t it? Or is the problem that it’s impossible to get a cab in the outer boroughs during peak times?

    What’s the deal here?

    How much does a cab cost in New York City?
    How much is the taxi fare in New York City? The basic fee is $2.50, the kilometer price is $1.56. For standing and waiting time, $30.00 is charged per hour. These fees shall apply except Monday to Friday from 8:00pm until 6:00am. more
    How much is a cab in New York?
    $2.50 initial charge. Plus 50 cents per 1/5 mile when traveling above 12mph or per 60 seconds in slow traffic or when the vehicle is stopped. Plus 50 cents MTA State Surcharge for all trips that end in New York City or Nassau, Suffolk, Westchester, Rockland, Dutchess, Orange or Putnam Counties. more
    How much is a yellow cab in New York?
    How much is the taxi fare in New York City? The basic fee is $2.50, the kilometer price is $1.56. For standing and waiting time, $30.00 is charged per hour. These fees shall apply except Monday to Friday from 8:00pm until 6:00am. more
    How much does an Uber cost in New York City?
    Fare and Service Structure more
    How much does it cost from Syria to New York?
    Damascus to New York Flight Information more
    How do you calculate total cost from marginal cost and fixed cost?
    Table of Given Data. A chart will typically provide information regarding the cost of producing one good, the marginal cost ,and fixed costs. Let's say the cost of producing one good is $250, and the marginal cost of producing another good is $140. The total cost would be $250 + $140 = $390. more
    How do you find fixed cost from marginal cost and total cost?
    To find the marginal cost for a given quantity, just substitute the value for Q into each expression. For total cost, the formulas are given. Fixed cost is found when Q = 0. When total costs are = 34Q3 – 24Q + 9, fixed costs are 34 X 0 – 24 X 0 + 9 = 9. more
    How much does a taxi cost per mile in New York?
    $2.50 initial charge. Plus 50 cents per 1/5 mile when traveling above 12mph or per 60 seconds in slow traffic or when the vehicle is stopped. more
    How much does eviction cost in New York?
    If the tenant confirms that rent is still unpaid or does not reply, the landlord may proceed with a written 14-Day Notice to Pay to begin the eviction process.1. Failure to pay rent on time. Rent Amount 5% of Rent Highest Possible Late Fee $300 $15 $15 because it is less than $50 $800 $40 $40 because it is less than $50 more
    How much does a pack of cigarettes cost in New York?
    The Health Department announced the new base price for a pack of smokes has gone up from $10.50 to $13. City officials say they believe the increase will prevent new smokers from picking up the habit and encourage current smokers to quit or cut back. more
    How much does a New York medical license cost?
    $735 Fees. The fee for licensure is $735. The fee for a limited permit is $105 (the limited permit fee is not refundable). more

    Source: www.motherjones.com

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