why is zero traffic congestion wasteful? what social institutions prevent too much congestion and achieve optimal...

why is zero traffic congestion wasteful? what social institutions prevent too much congestion and achieve optimal congestion? what is "optimal" congestion?

Expert Solution

Ally Wells answered 2 years ago

Traffic congestion seems to worsen each year. This raises the question, How much does roadway congestion...

Traffic congestion seems to worsen each year. This raises the question, How much does roadway congestion cost the United States annually? The Federal Highway Administration's Highway Performance Monitoring System conducts an analysis to produce an estimate of the total cost. Drivers in the 73 most congested areas in the United States were sampled, and each driver's congestion cost in time and gasoline was recorded. The total number of drivers in these 73 areas was 128,000,000. a. Estimate with 95% confidence...

4. What is zero economics profit? B) Why do firms care to achieve it?

Many larger cities are known for high traffic and congestion. Based on what you learned in...

Many larger cities are known for high traffic and congestion. Based on what you learned in this chapter what are some ways a city can reduce the demand for traffic?

What are the key reasons why a business may not want to hold too much or...

What are the key reasons why a business may not want to hold too much or too little working capital? Provide examples that illustrate the consequences of either situation.

Examine the key reasons why a business may not want to hold too much or too...

Examine the key reasons why a business may not want to hold too much or too little working capital. Provide two (2) examples that illustrate the consequences of either situation.

Discuss whether administrative agencies have too much power. Why or why not?

1. what are the Measurements to prevent road traffic accident? 2. what can be done to...

1. what are the Measurements to prevent road traffic accident? 2. what can be done to reduce the number of accident involving young drivers? 3. why you put your responsiblity of the case on cooker?

The antidote for warfarin is vitamin K. What happens if you give too much? Why isn't...

The antidote for warfarin is vitamin K. What happens if you give too much? Why isn't this useful in heparin overdose?

Name four characteristics of liquid assets. What are the disadvantages of having too much or too...

Name four characteristics of liquid assets. What are the disadvantages of having too much or too little money held as liquid assets (provide two disadvantages for the two situations)?

Answer those questions. Is Social Responsibility Too Much of a Burden for Corporations? Globalization has had...

Answer those questions. Is Social Responsibility Too Much of a Burden for Corporations? Globalization has had a positive effect on Corporate social responsibility Globalization has had a negative effect on Corporate Social Responsibility A Business Leader whose ethical Character virtues you Admire Businesses’ Influence on Government and Public Policy will be beneficial to Society Is Business Ethics an Indispensable Function of Corporations in the 21st Century? Do businesses have any Social Responsibility to the Communities in which they Operate? The...

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