What Characteristic Is True of Traction Control Systems

question 13

Multiple Choice

What characteristic is true of traction control systems?

• A) Traction control is a method of redirecting power from a spinning drive wheel.
• B) Traction control does not include electronics.
• C) Traction control was designed for hard acceleration from a stop.
• D) Traction control was designed for competitive driving.

---

Definitions:

Government Failure

Occurs when government intervention in the economy creates inefficiency, leading to an allocation of resources that worsens rather than improves outcomes.

Consumer Surplus

The difference between the maximum amount consumers are willing to pay for a good or service and the actual price they pay, measuring the benefit consumers receive from purchasing at a lower price.

Producer Surplus

The difference between the amount that producers are willing and able to supply a good for and the amount they actually receive due to market conditions.

Acceptable Price

The price level at which a buyer views the cost of a product or service as reasonable, taking quality and utility into account.