______ Drivers Engage in Riskier Driving When They Are in the Presence

question 27

Multiple Choice

______ drivers engage in riskier driving when they are in the presence of friends than when they are alone.

• A) Adolescent, but not adult
• B) Adult, but not adolescent
• C) Both adolescent and adult
• D) Neither adolescent nor adult

---

Definitions:

Consumer Surplus

The difference in what consumers think to pay for a good or service and the actual amount they pay.

Equilibrium

A condition where the supply and demand in the market are equal, leading to stable prices.

Equilibrium Price

The price point at which the quantity of goods supplied equals the quantity of goods demanded, resulting in a balance between supply and demand.

Producer Surplus

The gap between the amount producers are ready to accept for a good and the actual amount they end up receiving.