In London,any Motorist Entering a Particular Area in the City

question 174

Multiple Choice

In London,any motorist entering a particular area in the city center during certain specified times must pay a congestion fee equal to £11.50 per day,with fines for noncompliance rising to as high as £130.The congestion fee is:

• A)a Pigouvian subsidy aimed at encouraging the use of city streets.
• B)an attempt to internalize the costs of traffic delays and congestion.
• C)the wrong policy tool for solving the problem of congestion;instead,motorists should be allowed to make deals to determine when and where they are permitted to drive.
• D)likely to cause marginal private benefit from road use to decrease.

---

Definitions:

Stakeholders

Individuals or groups with an interest or concern in an organization's activities and outcomes.

Chaos Theory

Complex systems are based on some form of order but can behave in unpredictable ways. The unpredictability of these systems results from the many interactions of the system variables and the consequences of differences in the initial states of those variables.

Complex Systems

Systems characterized by diverse components that interact in multiple ways, leading to emergent behavior and outcomes that cannot easily be predicted.

Competency Of Communicator

The ability of a communicator to effectively convey messages and facilitate understanding among diverse audiences.