Traffic congestion is an example of a ________.
A) positive externality
B) negative externality
C) pecuniary externality
D) free-rider problem

Question

Quizplus · Accepted Answer

Traffic congestion leads to increased air pollution, wasted time and fuel, and reduced quality of life for those affected. These are all negative impacts on society, making traffic congestion an example of a negative externality.

Traffic Congestion Is an Example of a ________