Which of the Following Is Correct Regarding Road Tolls as a Way

question 168

Multiple Choice

Which of the following is correct regarding road tolls as a way to reduce traffic?

• A)They can vary based on the amount of traffic that is present.
• B)They reduce drivers' explicit cost of driving but increase drivers' implicit cost.
• C)Some drivers can be made better off, but some drivers will inevitably made worse off.
• D)They are the solution to the free rider problem that occurs on roads.

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Definitions:

Product Development Activities

A series of steps that include the conceptualization, design, development, and marketing of newly created or newly rebranded goods or services.

SWOT Analysis

A strategic planning tool used to identify and assess an organization's Strengths, Weaknesses, Opportunities, and Threats.

Strategic Role

The function and importance of a particular activity or entity within the broader context of achieving long-term objectives.

Product Portfolio

The collection of all products or services offered by a company, considered especially in terms of their relative competitive positions and market appeal.