Traffic congestion imposes higher costs and discomfort to residents of a city because the marginal social cost of any one individual's use of the roads is _____ the individual marginal cost.

A) less than
B) greater than
C) equal to
D) irrelevant to

Question

Emmanuella Otubuah · Accepted Answer

Final Answer : B, Explanation :  Traffic congestion imposes higher costs and discomfort to residents of a city because the marginal social cost of any one individual's use of the roads is greater than the individual marginal cost. This means that the negative externalities of congestion, such as increased travel time and air pollution, affect the entire society and not just the individual driver. Therefore, congestion imposes a higher cost on society as a whole than the cost borne by any one individual.

Traffic congestion imposes higher costs and discomfort to residents of a city because the marginal social cost of any one individual's use of the roads is _____ the individual marginal cost.

A) less than
B) greater than
C) equal to
D) irrelevant to

Definitions

Learning Objectives

Learning Objectives

Related questions

Traffic congestion imposes higher costs and discomfort to residents of a city because the marginal social cost of any one individual's use of the roads is _____ the individual marginal cost.A) less thanB) greater thanC) equal toD) irrelevant to

Definitions

Learning Objectives

Learning Objectives

Related questions

Traffic congestion imposes higher costs and discomfort to residents of a city because the marginal social cost of any one individual's use of the roads is _____ the individual marginal cost.

A) less than
B) greater than
C) equal to
D) irrelevant to