The Atlantic City Expressway is a highway that runs from outside Philadelphia to Atlantic City, New Jersey. It is notoriously congested during the summer weekends when many people are driving to the beach about the same time. Because drivers who decide to take this road ignore the impact of their driving on overall traffic congestion the result is ________ cars on the road than the efficient number of cars and a deadweight loss is ________.
fewer; not created
more; created
more; not created
fewer; created
-->B...more,created...............since drivers ignore the impact of their driving,congestion result into more number of cars on the road,and deadweight loss is created.
The Atlantic City Expressway is a highway that runs from outside Philadelphia to Atlantic City, New...
Analysis of Pricing: You manage The Atlantic Taffy Company which makes a saltwater taffy bar for sale to gift shops from Atlantic City, New Jersey, to Mount Desert Island near Bar Harbor Maine. The company sells individually wrapped bars in boxes of 50 for $81.00 each. The candies retail for $3.99 for an individual bar and sales have been strong. The owners of the Atlantic would like to increase its sales and profits. They know that, if price is lowered,...
3. Diagrams, networks, models and commuting [40 marks) commuting by car from north of the city to the Uni, I ask myself a simple question cach moming: for the most efficient journey, should I choose the left lane (Path A - Cahill Expressway) or the right lane (Path B -City/Airport) to go over the Harbour Bridge and on towards Darling Harbour? Choose A or B Cross Bus Lane Elaven Merge (A3/B3) Figure 2: An aerial view of the road layout...
Zipcar: “It’s Not About Cars—It’s About Urban Life” Imagine a world in which no one owns a car. Cars would still exist, but rather than owning cars, people would just share them. Sounds crazy, right? But Scott Griffith, CEO of Zipcar, the world’s largest car-share company, paints a picture of just such an imaginary world. And he has nearly 800,000 passionate customers—or Zipsters, as they are called—who will back him up. Zipcar specializes in renting out cars by the hour...