Suppose there are two parallel highways between two cities with approximately equal traffic. What would you expect
Fantastic news! We've Found the answer you've been seeking!
Question:
Suppose there are two parallel highways between two cities with approximately equal traffic. What would you expect to happen if the state began charging tolls to drive on one of those highways?
Select one:
a. More drivers would drive on the non-toll road, making the toll road less congested.
b. More drivers would drive on the toll road making the non-toll road less congested.
c. Traffic would remain evenly divided between the two roads as drivers continuously sought the less-congested route.
d. Traffic would decrease on both roads.
Related Book For
Contemporary Financial Management
ISBN: 978-1285198842
13th edition
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Posted Date: