The Following Data Show the Relationship Between the Number of Drivers

question 78

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.It is likely that a toll would reduce average commute times more effectively than a Coase theorem-styled,negotiated solution,because

• A) this is not an externality problem.
• B) the government needs additional revenue.
• C) the external cost is not well-defined.
• D) no one will negotiate when they leave for work.
• E) private negotiations among 500 drivers are impractical.

---

Definitions:

Identity Statuses

Theories related to the process of identity development, often detailing stages such as crisis and commitment in various life domains.

Late Adolescence

The final phase of adolescence, typically ranging from ages 17 to 19, characterized by increased autonomy, identity formation, and preparation for adulthood.

Mismatch

A situation or condition where there is a lack of alignment, compatibility, or correspondence between two or more elements.

Ideal And Actual

A concept related to self-perception and psychology, where the "ideal" represents how an individual wishes to be, and the "actual" refers to how they currently see themselves.