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When congestion occurs on the freeway (because of a shortage of freeway space), the economist would ...

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When congestion occurs on the freeway (because of a shortage of freeway space), the economist would ...

When congestion occurs on the freeway (because of a shortage of freeway space), the economist would most likely explain this by saying that it is because

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the freeway has too few miles of roadway.

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there are too many cars.

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the price of driving on the freeway is below the equilibrium price.

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a and c

Textbook

Economics

Edition: 12^th

Author: Arnold

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jay2013

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More solutions for this book are available here

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harry32 Author

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Thanks for your help!!

prime7105

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Correct

deathwing

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Smart ... Thanks!

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