Transport: Road pricing and combating road congestion

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

1. 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
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2. Prices would start from as little as ____ a mile on rural country lanes. The maximum price would be _____ on busy motorways like the M25 at peak times.

  • 2p, 1.34
  • 4p,1.26
  • 3p,1.40

3. Motorists should be charged for the externalities they create - the externalities should be ?

  • Internalised
  • Taken account of in the marginal private cost

4. ____________ 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

5. In practice, cars will contain __________ linked to a satellite which will monitor their location and direction.

  • Monitoring boxes
  • Black boxes
  • Silver boxes
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