Explain how, by varying the charge debited from the smart card according to the time of day

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Explain how, by varying the charge debited from the smart card according to the time of day or level of congestion, a socially optimal level of road use can be achieved.

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 26, 2024 12:00 AM

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Explain how, by varying the charge debited from the smart card according to the time of day

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The higher the level of congestion the higher is the marginal exter...View the full answer

Essential Economics For Business

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