Which of the Following Policies Is MOST Likely to Reduce

question 109

Multiple Choice

Which of the following policies is MOST likely to reduce traffic congestion in a large metropolitan area because people usually exploit opportunities to make themselves better off?

• A)a limited number of free early-bird parking passes given only to those who arrive prior to 6 A.M.
• B)a toll road that requires each car to pay a fee to enter the city center
• C)an increase in the price of subway and bus fare to and from the city
• D)asking citizens to carpool

Identify the variables that affect retirement income levels and benefit plan risks.

Recognize the implications of defined benefit and defined contribution plans for employers and employees.

Comprehend the factors promoting and hindering the implementation of flexible benefit plans.

Analyze the impact of benefit plan design and funding on organizational cost and liability.

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Definitions:

Mark-ups

Additional charges applied to the cost of products to accommodate for overhead costs and profit margins.

Cost

The cost is the value exchanged, often monetary, to acquire goods or services, encompassing expenses such as purchase price, production, and overheads.

Selling Price

The amount of money for which a product or service is sold, which can include costs and profit margins.

Margin

In finance, margin refers to the difference between the selling price and the cost of goods sold, often expressed as a percentage of the selling price. In trading, it refers to the collateral required to open and maintain a position.