Multiple Choice
By driving onto a congested road for which no toll is charged, a driver
A) contributes to the overuse of a common resource.
B) contributes to a negative-externality problem.
C) is inflicting additional time cost on all of the other drivers.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following quotations illustrates the
Q2: It would always be a mistake to
Q3: Why is the commercial value of ivory
Q8: The commercial value of ivory is a
Q10: Suppose a human life is worth $10
Q11: Without government intervention, public goods tend to
Q31: What particular characteristic do private goods and
Q43: When a highway is congested, giving rise
Q88: One way to place a value on
Q136: A good that is rival in consumption