Explain how, by varying the charge debited from the smart card according to the time of day
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Explain how, by varying the charge debited from the smart card according to the time of day or level of congestion, a socially optimal level of road use can be achieved.
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The higher the level of congestion the higher is the marginal e...View the full answer
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Explain how, by varying the charge debited from the smart card according to the time of day or level of congestion, a socially optimal level of road use can be achieved.
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