Which of the Following Is an External Cost Generated by the Use

question 65

Multiple Choice

Which of the following is an external cost generated by the use of automobiles?

• A) the time cost of congested highways imposed on travelers
• B) motor-vehicle accidents
• C) air pollutants
• D) all of the above

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Definitions:

Covariation Principle

A theory suggesting that people attribute behavior to causes that appear at the same time as the behavior and are absent when the behavior does not occur.

Attributions

The process by which individuals explain the causes of behavior and events, either their own or others'.

Heuristics

A strategy for making judgments quickly, at the price of occasional mistakes.

Dissonance Theory

A psychological theory suggesting that inconsistency among beliefs, attitudes, and behaviors causes discomfort, leading individuals to seek coherence.