If More People Join Carpools and Travel to Work Together

question 41

Multiple Choice

If more people join carpools and travel to work together

• A) the demand curve for freeway space shifts leftward.
• B) the supply curve for freeway space shifts rightward.
• C) the supply curve for freeway space shifts leftward.
• D) a and b
• E) none of the above

---

Definitions:

Annual Expected Income

An estimate of the amount of money that is anticipated to be earned over a one-year period from various sources of income.

Salvage Value

An asset's forecasted value after its period of usability has concluded.

Cost

The amount of money or resources expended to obtain an asset, service, or achieve a specific outcome.

Annual Net Income

The total profit of a company after subtracting all expenses from revenue for one year.