Charging extra for users of transport network during peak hours to reduce
traffic congestion is referred to
pricing
O a Traffic pricing
Ob. Social cost based pricing
O c. Congestion pricing
d. None of these
Answers
Answer:
c
Explanation:
PLEASE mark as BRAINLIEST
Answer:
When London’s congestion charge was introduced by the city’s first mayor, Ken Livingstone, he hoped the charge would reduce congestion, radically improve bus services, make journey times more consistent for drivers and increase efficiency for those distributing goods and services throughout the city.
Key measures show it has been a success: in 2006, Transport for London (TfL) reported that the charge reduced traffic by 15% and congestion – that is, the extra time a trip would take because of traffic – by 30%. This effect has continued to today. Traffic volumes in the charging zone are now nearly a quarter lower than a decade ago, allowing central London road space to be given over to cyclists and pedestrian