A Congestion Toll Imposed on a Highway Driver to Force

question 160

True/False

A congestion toll imposed on a highway driver to force the driver to take into account the increase in travel time she imposes on all other drivers is an example of internalizing the externality.

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Definitions:

Competitors' Organization

A structured group or business that competes in the same industry or market as another business.

Shareholders Approval

A formal consent given by shareholders, typically through voting, for certain actions or decisions proposed by a company's management.

Direct Purchase

The act of buying goods or services directly from the source, bypassing intermediaries.

Sweet

Usually pertaining to the taste perception of sugariness; not applicable as a key term without context. NO.