Economics (AS & A Level) · Oct / Nov 2023 · Paper 33 · Question 8
9708Private costs and benefits, externalities and social costs and benefits
A traffic study concluded that there would be significant benefits if 10% of car drivers switched to using motorcycles during peak traffic times. Which benefit of this change would be considered a private benefit?
- Afaster journeys for those who continued to go by car
- Bfaster journeys for those who switched to motorcycles
- Cincreased safety for cyclists
- Dreduced levels of air pollution for pedestrians
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Correct answer: B. faster journeys for those who switched to motorcycles
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