Which of the following are factors that affect the demand for road space?

Question

Quizplus · Accepted Answer

All of the listed options (A-E) are factors that can affect the demand for road space. Tastes/utility can influence the preference for driving over other modes of transport. The price of substitutes (e.g., public transportation) and complements (e.g., fuel) can make driving more or less attractive. Income levels can affect the ability to afford driving, and the marginal cost to the motorist of a journey (including time and monetary costs) directly impacts the decision to use road space.

Which of the Following Are Factors That Affect the Demand