Which of the Following Are Among the Most Common Driver

question 107

Multiple Choice

Which of the following are among the most common driver distractions that lead to insurance claims?

• A) talking on cell phones
• B) applying make-up or shaving
• C) reading something
• D) eating something
• E) all of the above are cited as the most common driver distractions

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Definitions:

Marginal Benefit

The additional benefit received from the consumption of one more unit of a good or service.

Marginal Cost

The additional cost incurred in producing one more unit of a product or service.

Public Good

A good that is both non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from its use, and use by one does not reduce its availability to others.

Public Goods

Public goods are those that are non-excludable and non-rivalrous, meaning they can be used simultaneously by more than one person without diminishing the supply.