French and Saunders are quarreling over a proposed plan by the UK government to put a demand-based
Fantastic news! We've Found the answer you've been seeking!
Question:
- French and Saunders are quarreling over a proposed plan by the UK government to put a demand-based toll on all multi-lane highways. This type of toll would fluctuate according to the demand for the right to drive in dedicated, high-speed lanes. For instance, on a 4-lane highway, drivers in the left lane face no toll but those wishing to drive in the right lane pay a toll which depends on the time of day and demand to drive in that lane. French is against the proposal, citing the tolls as unfairfavoring those with money at the expense of the less well-off drivers.Saunders believes the tolls are a great ideaif someone is willing to pay more to drive faster, why shouldn't they?
Blackadder advances the following compromise: put in a toll but cap it.
Based solely on the information given, which person has the strongest economic argument for the efficient use of a highway? Choose the French argument and support your claim. Consider using economic surplus (primarily, consumer surplus) as the indication of efficiency (i.e., more surplus = greater efficiency).
Posted Date: