The Prime Minister of the Tiny Island Nation of Wowza

question 223

Multiple Choice

The prime minister of the tiny island nation of Wowza has proposed that the speed limit on its only highway be reduced by 10 miles per hour on Thursdays.Enacting this proposal would be optimal

• A)only if the marginal cost of reducing the speed limit falls to zero.
• B)as long as the marginal benefit of reducing the speed limit is just equal to or greater than the marginal cost of reducing the speed limit.
• C)as long as the marginal cost does not rise.
• D)until the marginal benefit of this action is maximized.

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Definitions:

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, important for assessing cardiovascular health.

Depression

A common mental health disorder characterized by persistent sadness, loss of interest, and a lack of pleasure in daily activities, affecting one's behavior, thoughts, and sense of well-being.

Bicycling Injuries

Physical harm or damage that occurs as a result of accidents or falls while riding a bicycle.

Helmets

Protective headgear worn to prevent or minimize injuries to the head.