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Travis Patteson
on Nov 25, 2024

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Toll-free roads sometimes get congested, such as during rush-hour traffic. During those times, we would say that these roads are

A) excludable and rival.
B) excludable and nonrival.
C) nonexcludable and nonrival.
D) nonexcludable and rival.

Toll-free Roads

are roads for which no fee is charged for use, allowing unrestricted travel without financial cost.

Congested

Refers to situations where the demand for a particular resource outstrips its supply, often leading to overcrowding or delays.

Rush-hour

Peak traffic times in urban areas, typically occurring in the morning and evening, when demand for public and private transportation is highest.

  • Comprehend the economic concepts of nonrivalry and nonexcludability in the context of public goods.
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Brenda TorresillasDec 02, 2024
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