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A Toll on a Congested Road Is in Essence

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A toll on a congested road is in essence


Definitions:

Market Prices

Prices that are determined by the interaction of supply and demand in a marketplace.

Economic Growth

A growth in an economy's ability to manufacture goods and services when comparing one time period to another.

Proprietary Technology

Exclusive technology owned by a company, protected by patents or trade secrets, providing a competitive advantage over rivals in the market.

Human Capital

The aggregate abilities, insights, or unseen resources of persons that are capable of producing economic gains for the individuals, their workplaces, or the community as a whole.

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