This topic contains a solution. Click here to go to the answer

Author Question: The following diagram shows the effects of increasing traffic along a particular stretch of road. At ... (Read 75 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
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


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
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
Excellent


sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library