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Author Question: Traffic congestion in cities and towns provides an example of the market failing to reach a socially ... (Read 81 times)

shofmannx20

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on: May 25, 2020
Traffic congestion in cities and towns provides an example of the market failing to reach a socially optimum level due to
◦ marginal social benefits exceeding marginal private benefits.
◦

positive externalities of private car travel.


◦ marginal private costs exceeding marginal social costs.
◦ marginal private benefits of car travel equalling marginal social benefits.
◦ negative externalities of private car travel.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by shofmannx20 on May 25, 2020

Gabe

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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.
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shofmannx20

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Reply 2 on: May 25, 2020
Excellent

Liamb2179

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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