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A Toll of $1 Per Car Is Imposed on a Road

Question 39

Multiple Choice

A toll of $1 per car is imposed on a road regardless of time of day.If the toll creates equilibrium travel flows at the busiest time of day,it will create a __________ at all other times.


A) surplus of space
B) shortage of space
C) zero money price for space
D) zero opportunity cost for space

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