Question

14. The Illinois Tollway that connects Rockford to Chicago is constantly congested with traffic jams. Motorists must pay a toll fee to use the Tollway. The Tollway is a good that is charac- terized as A. rival in consumption and nonexcludable. B. rival in consumption and excludable. C. nonrival in consumption and nonexcludable. D. rival in consumption and nonexcludable.

Answer 1

Option B

A congested toll road is both excludable and rival in consumption.

Excludable: As the usage can be prevented for non payers

Rival in consumption: Addition of one vehicle would congest the space for the others, though they have paid for the service