When Monique Drives to Work Every Morning, She Drives on a Congested

question 127

Multiple Choice

When Monique drives to work every morning, she drives on a congested highway. What Monique does not realize is that when she enters the highway each morning she increases the travel time of all other drivers on the highway. In this case, the external cost of Monique's highway trip

• A)increases the social cost above the private cost.
• B)lowers the social cost below the private cost.
• C)increases the social value above the private benefit.
• D)decreases the social value below the private benefit.

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Definitions:

Many-Trait

An approach in personality psychology focusing on the correlation between a wide range of traits and specific behaviors.

High IQ

A measurement indicating that an individual possesses cognitive abilities significantly above the average for their age group.

Longevity

The length or duration of a person's life or existence, often referring to individuals who live to a significantly old age.

Personality Types

A classification of different patterns of behavior, thought, and emotion that are characteristic of an individual's personal and social interactions.