Which of the following methods of discouraging speeding is likely to be MOST effective because people usually exploit opportunities to make themselves better off?
A)increasing the number of signs stating the speed limit
B)increasing the fine associated with speeding tickets
C)public service announcements reminding drivers of the dangers of speeding
D)All three methods are equally effective.

Question

Quizplus · Accepted Answer

Increasing the fine associated with speeding tickets is likely to be the most effective method because people usually exploit opportunities to make themselves better off. In this case, the opportunity cost of speeding becomes higher due to the increased fine. This means that people are more likely to comply with the speed limit to avoid the cost of the fine. Increasing the number of signs or public service announcements may increase awareness of the speed limit and the dangers of speeding, but it may not necessarily change behavior as people may still choose to speed.

Which of the Following Methods of Discouraging Speeding Is Likely