Problem on enhanced interstate highways

Can someone help me in finding out the right answer from the given options. In the year 1950 the federal government enhanced interstate highways, therefore decreasing the: (1) Demand for and the volume of highway travel. (2) Growth rate of city sprawl. (3) Demand for intercity rail travel. (4) Pollution caused by more rapidly highway speeds. (5) Rates of urban-rural turn-around.

View Complete Question

Related Questions in Microeconomics

Q : Determinants of demand affect the price

For a particular product how do the determinants of demand affect the price?

Q : Commodities of inelastic demand Which

Which of the given commodities contain inelastic demand? A) Salt B) A particular brand of lipstick C) Medicines D) Mobile phone E) School uniform

Q : Relatively market power The firm from

The firm from the given list with relatively the most market power would probably be: (w) General Motors. (x) the world's biggest wheat farm. (y) a gas station in Wayout, Wyoming that has no competitors into 70 miles. (z) the BestBuy in Durham, North

Q : What is Imperfect data Imperfect data :

Imperfect data: Most studies start with imperfect data. Few datasets involve the entire population of interest. Typically, the data has been gathered by others for specific purposes, and as such may have built in b

Q : Quantity demanded vary inversely I have

I have a problem in economics on Quantity demanded vary inversely. Please help me in the following question. The law of demand defines that price and: (1) Quantity demanded differ directly. (2) Quantity demanded differs inversely. (3) Demand differs d

Q : Characteristics of a purely competitive

NOT between characteristics of a purely competitive industry would be as: (w) large numbers of potential buyers and sellers. (x) long-run freedom of entry and exit. (y) modern technology that dictates large firms. (z) buyers have no influence on price

Q : Relationship between MPP and APP If MPP

If MPP equivalent to APP, what will you state regarding APP? Answer: APP is at its maximum and steady or constant.

Q : Problem on falling income causes

I have a problem in economics on Problem on falling income causes increase in demand. Please help me in the following question. If falling income causes the demand for a good to rise, it is an: (1) Inferior good. (2) Costly biological necessity. (3) N

Q : Demand for product when its sales fall

When a 10% hike in the price of paisley socks causes sales to fall with 20%, the demand for such socks is: (1) perfectly inelastic. (2) relatively inelastic. (3) unitarily elastic. (4) relatively elastic. (5) perfectly elastic. <

Q : Question on demand and supply Refer to

Refer to the following diagram. A decrease in supply is illustrated by a: A) move from point x to point y. B) shift from S1 to S2. C) shift from S2 to S1. D) move from point y to point x.

Discover Q & A

Leading Solution Library

Avail More Than 1423674 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958320
Asked

3,689

Active Tutors

1423674

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment