The city of London imposes congestion fees on cars and trucks that drive in central London.The charge is higher Monday through Friday than on weekends.This example of

Question

Quizplus · Accepted Answer

The imposition of higher charges on weekdays is an example of peak pricing, which aims to discourage people from using their cars during times of high demand. This can help to ease congestion and encourage the use of alternative modes of transportation. It is not an example of positive externalities, profit maximizing, or a political ideology.

The City of London Imposes Congestion Fees on Cars and Trucks