Generalized costs Charge = MPCLRT MSCLRT 2* MSC MPCC Automobile What is the optimal traffic volume with externality considerations? Q+ both Q and Q+ O neither of these are optimal Q1 0 Light rapid transit Generalized costs Subsidy

Generalized costs Charge = MPCLRT MSCLRT 2* MSC MPCC Automobile What is the optimal traffic volume with externality considerations? Q+ both Q and Q+ O neither of these are optimal Q1 0 Light rapid transit Generalized costs Subsidy

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Generalized costs
Charge-
MPCLRT=MSCLRT
MSCC
Q*
Q1 0
MPCC
Automobile
Light rapid transit
What is the optimal traffic volume with externality considerations?
Q+
both Q* and Q+
neither of these are optimal
Generalized costs
Subsidy

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