Transport: Road pricing and combating road congestion

  • Created by: Jade
  • Created on: 01-01-13 22:15

1. ____________ can become a more effective substitute for the private car where the system is reliable, efficient, clean and safe with a high degree of connectivity. True of many urban systems in e.g. France, Germany

  • Public transport
  • Private transport
  • Taxi services
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2. Road pricing has been introduced in Singapore. In the first year, it saw a ____ fall in peak traffic, a reduction in the number of multiple trips in the charging zone and improved vehicle speeds.

  • 18%
  • 16%
  • 25%
  • 20%

3. What are the problems of road pricing?

  • High set up costs of introducing and controlling road pricing, opportunity cost of this, cars - highly price inelastic - substitutes unreliable, displacement of road traffic, external costs to third parties
  • High set up costs, opportunity cost of this, cars - highly price elastic, displacement theory, social costs to third parties

4. Road space - as congestion increases, the non-rivalry characteristic has been undermined - because one additional drivers use of the road will further restrict the use of others. Road space is ?

  • A quasi-public good
  • Private good
  • Public good

5. Road congestion contributes to air pollution, lack of traffic safety, waste of petrol, opportunity cost of sitting in traffic jams, cost to employers/ business time wasted could be spent producing products. Examples of?

  • Negative externalities
  • Positive externalities


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