Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
How does traffic congestion waste time, fuel, and productivity?
Expert Solution
Step 1
Condition on the road that occurs because of excessive use of infrastructure beyond its capacity is traffic congestion.
Step 2
Traffic congestion eats up more fuel mileage than anything else.
Idling in traffic, braking, and acceleration leads to more repair and replacements. This also consumes the valuable time of individuals.
It affects the smooth and speed traffic flow, and thus, it also affects a wide range of activities. Effective transportation, adequate infrastructure, and effective traffic management are key factors improving efficiency and effectiveness, increasing productivity. So, traffic congestion will negatively affect production also.
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