Traffic congestion is an example of a(n)
A) economy of scale.
B) externality.
C) public good.
D) government failure.

Question

Quizplus · Accepted Answer

Traffic congestion is an example of an externality because it is a side effect of driving that affects other people who are not directly involved in the action. It is a negative externality as it imposes costs on others (e.g., increased travel time, pollution) without their consent.

Traffic Congestion Is an Example of A(n)