A study of 13 main arterial roads in Delhi, India, in June 2017 by the Centre for

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A study of 13 main arterial roads in Delhi, India, in June 2017 by the Centre for Science and Environment found that "rush hour" is every day from 8 A.M. to 8 P.M., with average speeds not exceeding \(30 \mathrm{~km}\) per hour \(92 \%\) of the time. Are these roads common property resources? Can anything be done to mitigate the negative externalities they cause?

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Microeconomics

ISBN: 9781292215624

8th Global Edition

Authors: Jeffrey Perloff

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