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20. In Vancouver metro area ( or lower mainland), ride-sharing companies like Lyft and Uber can start operating soon to provi
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According to the demand and supply analysis , we can say that when the new companies start operating and all else equal, the price for taxi service will decrease because when the new companies start working the supply of taxi services will increase and hence the competition will increase, therfore the equilbruim will decrease as the supply is increase.

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