Suppose There Are Two Parallel Highways Between Two Cities with Approximately

question 137

Multiple Choice

Suppose there are two parallel highways between two cities with approximately equal traffic. What would you expect to happen if the state began charging tolls to drive on one of those highways?

• A)More drivers would drive on the non-toll road, making the toll road less congested.
• B)More drivers would drive on the toll road making the non-toll road less congested.
• C)Traffic would remain evenly divided between the two roads as drivers continuously sought the less-congested route.
• D)Traffic would decrease on both roads.

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Definitions:

Organizational Levels

The hierarchy within a company that structures the allocation of responsibility, from top management to lower-level employees.

Board of Directors

A group of individuals elected to represent shareholders, making key decisions and overseeing the general direction of a company or organization.

Board of Directors

A group of individuals elected to represent shareholders and govern the affairs of a corporation by making decisions and setting policies.

Corporate Level

Pertains to high-level strategic decisions made by a company's top executives that affect the entire organization.