Which of the following results might occur due to fare changes?

Fare changes can have significant impacts on public transit ridership and revenue. When fare increases are implemented, they often lead to decreased ridership levels, particularly among cost-sensitive customers who may seek alternative transportation options. This reduction in the number of passengers can result in potential revenue loss for the transit system, undermining its financial sustainability.

While fare adjustments may sometimes lead to better marketing strategies or service enhancements, the immediate and most common consequence of fare increases is a decline in ridership, as users reassess the cost-benefit ratio of using public transport versus other means of transportation. Understanding this relationship between fare changes and ridership is crucial for effective transit planning and policy-making.