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Which of the following are part of the deadweight loss of excessive automobile safety? Select one: a.People delay buying newer autos and continue to drive
Which of the following are part of the deadweight loss of excessive automobile safety?
Select one:
a.People delay buying newer autos and continue to drive less safe older cars.
b.People choose transportation substitutes that are less safe.
c.All of the above.
d.It would be more cost efficient to spend resources used on car safety to increase safety in some other area, like in the home.
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