### Related to specic properties of transportation services

##### Reference no: EM131241409

Using key concepts discussed in the classes, explain why there is a large role of government (either local or federal) in the transportation industry in the real world. Specif-ically, what types of government policies do you expect in the industry? Under what circumstances, such interventions are justied? Is it related to specic properties of transportation services? What are such properties?

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