To an economist,freeway congestion is a sign that the price to drive on the freeway is
A) below its equilibrium level.
B) at its equilibrium level.
C) above its equilibrium level.
D) either a or c
E) none of the above
Correct Answer:
Verified
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Q25: Q26: Which of the following statements is false? Q27: If a college sets its tuition _ Q29: If the supply of aisle seats equals Q30: When congestion occurs on the freeway (because Q31: If the government sets out to make
A)
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