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:

Piedmont Glacier

A broad glacier that forms when an ice sheet or valley glacier spreads out as it moves into less confined topography.

Continental Ice Sheet

A large mass of ice, including glaciers, that covers a large part of a continent.

Shoreline Glacier

A glacier that extends to the sea at its terminus, often calving icebergs into the water.

Glaciers

Large, slow-moving masses of ice that form from the accumulation and compaction of snow on mountains or near the poles.