If a Highway Is Congested, Then Use of That Highway

question 7

Multiple Choice

If a highway is congested, then use of that highway by an additional person would lead to a

• A)negative externality.
• B)positive externality.
• C)Pigovian externality.
• D)free-rider problem with rush-hour drivers stuck in traffic.

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Definitions:

Digital Devices

Electronic tools or systems that generate, store, or process data, typically in binary form.

Nonconformity

A deviation or failure to meet specified standards or requirements, often related to quality control in manufacturing or service delivery.

Organic Café

A café that serves food and drinks made with ingredients that are grown without synthetic pesticides, GMOs, or artificial fertilizers.

Insurable Interest

A legal requirement for purchasing insurance, indicating that the person buying the insurance must stand to suffer financial loss or hardship from the damage, loss, or destruction of the property insured, or from the death or injury of the person insured.