This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The following diagram shows the effects of increasing traffic along a particular stretch of road. At ... (Read 80 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: May 25, 2020
The following diagram shows the effects of increasing traffic along a particular stretch of road. At first, additional cars have no effect on the traffic speed. But, after a point, additional cars slow down the traffic and thus impose a 'congestion cost' on other car users. Beyond thus point, therefore, the marginal social cost of using the road is greater than the marginal private cost.


Assuming that there are no externalities on the demand-side, what is the marginal external cost at 0h?
◦ gf
◦ cd
◦ hf
◦ hg
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fbq8i on May 25, 2020

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


fbq8i

  • Member
  • Posts: 527
Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Effects of introduced parasites on American chestnut trees. Effects of introduced parasites on American chestnut trees.
Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th Hyperopia (farsightedness). In the uncorrected top figure, the image would come into focus behind th
Effects of Estradiol and Testosterone on Interfemale Aggression in Rats (Based on data from van de P Effects of Estradiol and Testosterone on Interfemale Aggression in Rats (Based on data from van de P
Topical substances, such as liniments, oils, lotions, and creams, enhance the effects or minimize ... Topical substances, such as liniments, oils, lotions, and creams, enhance the effects or minimize ...
Stretch the hip in lateral flexion. Bring the knee toward the chest. Place one hand on the shoulder ... Stretch the hip in lateral flexion. Bring the knee toward the chest. Place one hand on the shoulder ...
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library