The opportunity cost of traffic congestion includes:
A)lower use of gasoline.
B)longer commuting time to work.
C)more fuel efficient cars.
D)more freeways being built.

Question

Quizplus · Accepted Answer

The opportunity cost of traffic congestion includes longer commuting time to work, as individuals would have been able to use that time for other productive activities, such as spending time with family, exercising or engaging in a hobby. Lower use of gasoline and more fuel efficient cars are not opportunity costs of traffic congestion, but rather means to alleviate its impact. Similarly, the construction of more freeways may result in a long-term opportunity cost in the form of environmental degradation, but it is not directly related to the initial cost of traffic congestion.

The Opportunity Cost of Traffic Congestion Includes