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A toll of $1 per car is imposed on a road regardless of time of day. If the toll creates equilibrium ...

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A toll of $1 per car is imposed on a road regardless of time of day. If the toll creates equilibrium ...

A toll of $1 per car is imposed on a road regardless of time of day. If the toll creates equilibrium travel flows at the busiest time of day, it will create a __________ at all other times.

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surplus of space

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shortage of space

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zero money price for space

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zero opportunity cost for space

Textbook

Economics

Edition: 12^th

Author: Arnold

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