Multiple Choice
The following data show the relationship between the number of drivers who leave for work at 8:00 a.m., their average commute time, and their marginal benefit of commuting. One way for the government to increase economic efficiency would be for it to:
A) require all 500 drivers to collectively decide when each should leave for work
B) subsidize gasoline consumption
C) require employers to allow workers to arrive late for work
D) charge a toll to use the highway during rush hour
Correct Answer:

Verified
Correct Answer:
Verified
Q33: According to the textbook, social norms:<br>A)are usually
Q44: An external benefit implies that private markets
Q56: A village has five residents, each
Q58: The following payoff matrix shows the outcomes
Q60: Suppose that a vaccine is developed for
Q61: Which of the following would be most
Q63: Refer to the figure below. The socially
Q64: Suppose that in most car collisions between
Q65: A village has five residents, each
Q167: A positional externality:<br>A)only occurs in sports.<br>B)arises in