The Following Data Show the Relationship Between the Number of Drivers

question 45

Multiple Choice

The following data show the relationship between the number of drivers who leave for work at 8:00 a.m. ,their average commute times,and their marginal benefit associated with the commute times.
-Refer to the data above.Suppose that a toll is imposed in the following way: leaving between 8:00 a.m.and 9:00 a.m.costs $5 per driver,while after 9:00 a.m.the toll is zero.One can predict that __________ drivers will be on the road between 8:00 a.m.and 9:00 a.m.

• A) 100
• B) 200
• C) 300
• D) 400
• E) 500

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Definitions:

Reseller Branding

Strategy where a company sells products manufactured by others under its own brand name.

Private Branding

A strategy where products are produced by one company but are sold under another company's brand or label.

Wholesaler

A person or company that sells goods in large quantities to retailers, rather than to the end consumer.

Retailer

A business or entity that sells goods directly to consumers, acting as the final link in the distribution chain from manufacturers to end users.