ECONOMICS
MARKET FAILURES
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
a theatre performance
|
|
|
an injection to prevent influenza
|
|
|
road signs and road markings
|
|
|
the collection of rubbish by a local authority
|
Detailed explanation-1: -In general, road markings and signs represent basic means of communication between the road authorities and road users and, as such, provide road users with necessary information about the rules, warnings, obligations, and other information related to the upcoming situations and road alignment.
Detailed explanation-2: -A “No Turn On Red” sign is an example of a traffic sign with a white background. Yellow or fluorescent yellow-green signs prepare drivers for specific road conditions and hazards ahead, and alert drivers to nearby school zones. A “Slippery When Wet” sign is one example of a traffic sign with a yellow background.
Detailed explanation-3: -Red man-don’t cross. Green man-cross. Stop signs. Pedestrian crossing signs. No pedestrians signs.
Detailed explanation-4: -Longitudinal Markings. Transverse Markings. Hazard Marking. Block Marking. Arrow Marking. Directional Marking. Facility Marking. 27-Mar-2020