​Which of These Arguments Best Explains the Pro-Rail Position

question 2

Multiple Choice

​Which of these arguments best explains the pro-rail position?

• A)​Once fully functioning, efficient, cheap mass transit systems are in place, urban Texans will change their commuting habits.
• B)​As Texas cities become denser, public transit will become more financially viable.
• C)​Light-rail holds out the promise of lessening traffic congestion and relieving the city administrations of supplying more parking downtown.
• D)One person riding light-rails instead of driving a car for one year significantly reduces pollution.
• E)All of these arguments explain this position.

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Definitions:

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an algebraic expression.

Inelastic

Describing a situation where the demand for a good or service is relatively unaffected by changes in its price.

Essential Consumption

The purchase and use of goods and services that are considered necessary for basic living and well-being.

Marginal Utility

The additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.