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<h2 class="hd hd-2 unit-title">3.6.1 Instructions</h2>
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<p><img src="/assets/courseware/v1/f837f207dacedbd0b0a69d354209246c/asset-v1:MITx+11.550x+1T2021+type@asset+block/Screen_Shot_2020-04-27_at_12.03.48_PM.png" alt="" width="80" height="59" /></p>
<p>The questions from Test 2 will focus mainly on pricing and business models. You have no time limit to take the test. It is an open-book and open-notes exam.</p>
<p>Please note that you get only<strong> 1 attempt</strong> to answer most questions. The test is due before Tuesday, March 9th at 15:00 UTC.</p>
<p>Good luck!</p>
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<h2 class="hd hd-2 unit-title">3.6.2 Test 2</h2>
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Question 1
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<legend id="90403c3697fe4055a638614b8a8325bf_2_1-legend" class="response-fieldset-legend field-group-hd">The dilemma known to influence transport assets (and consequently increase operation costs) is known as:</legend>
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<input type="radio" name="input_90403c3697fe4055a638614b8a8325bf_2_1" id="input_90403c3697fe4055a638614b8a8325bf_2_1_choice_0" class="field-input input-radio" value="choice_0"/><label id="90403c3697fe4055a638614b8a8325bf_2_1-choice_0-label" for="input_90403c3697fe4055a638614b8a8325bf_2_1_choice_0" class="response-label field-label label-inline" aria-describedby="status_90403c3697fe4055a638614b8a8325bf_2_1"> system efficiency dilemma
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<input type="radio" name="input_90403c3697fe4055a638614b8a8325bf_2_1" id="input_90403c3697fe4055a638614b8a8325bf_2_1_choice_1" class="field-input input-radio" value="choice_1"/><label id="90403c3697fe4055a638614b8a8325bf_2_1-choice_1-label" for="input_90403c3697fe4055a638614b8a8325bf_2_1_choice_1" class="response-label field-label label-inline" aria-describedby="status_90403c3697fe4055a638614b8a8325bf_2_1"> traffic dilemma
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Question 2
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<legend id="23c6b702ea86471383bd155f27141f6a_2_1-legend" class="response-fieldset-legend field-group-hd">Which of the following are revenue sources for transportation companies? (check all that apply)</legend>
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Question 3
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<legend id="9bb3b2ee3b7544e2b6c561916ebec7bc_2_1-legend" class="response-fieldset-legend field-group-hd">Companies can benefit from reducing their costs significantly when they are able to increase production and/or frequency of services without significant increase in their fixed costs (like administration, office space, and vehicles). What is this type of advantage called?</legend>
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<input type="radio" name="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1" id="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1_choice_0" class="field-input input-radio" value="choice_0"/><label id="9bb3b2ee3b7544e2b6c561916ebec7bc_2_1-choice_0-label" for="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1_choice_0" class="response-label field-label label-inline" aria-describedby="status_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1"> diseconomies of scale
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<input type="radio" name="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1" id="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1_choice_2" class="field-input input-radio" value="choice_2"/><label id="9bb3b2ee3b7544e2b6c561916ebec7bc_2_1-choice_2-label" for="input_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1_choice_2" class="response-label field-label label-inline" aria-describedby="status_9bb3b2ee3b7544e2b6c561916ebec7bc_2_1"> economies of scale
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<legend id="773a9ff6870c4108ac768b4270c231d6_2_1-legend" class="response-fieldset-legend field-group-hd">From the perspective of a transportation company, what type of costs do not go directly into the movement of things??</legend>
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Question 6
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<legend id="613dcd0b3d10444da8381c0eff444bbb_2_1-legend" class="response-fieldset-legend field-group-hd">Congestion and its impact on society. One of the biggest issues with congestion is that the user selects routes based on...</legend>
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Question 7
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Question 8
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<legend id="3e5a85d891b541d8ad0cd1454d59e0a8_2_1-legend" class="response-fieldset-legend field-group-hd">Which one is generally true in the context of pricing in transportation?</legend>
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<input type="radio" name="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1" id="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_1" class="field-input input-radio" value="choice_1"/><label id="3e5a85d891b541d8ad0cd1454d59e0a8_2_1-choice_1-label" for="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_1" class="response-label field-label label-inline" aria-describedby="status_3e5a85d891b541d8ad0cd1454d59e0a8_2_1"> average cost is higher than marginal cost
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<input type="radio" name="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1" id="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_2" class="field-input input-radio" value="choice_2"/><label id="3e5a85d891b541d8ad0cd1454d59e0a8_2_1-choice_2-label" for="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_2" class="response-label field-label label-inline" aria-describedby="status_3e5a85d891b541d8ad0cd1454d59e0a8_2_1"> marginal and average cost are about equal
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<input type="radio" name="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1" id="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_3" class="field-input input-radio" value="choice_3"/><label id="3e5a85d891b541d8ad0cd1454d59e0a8_2_1-choice_3-label" for="input_3e5a85d891b541d8ad0cd1454d59e0a8_2_1_choice_3" class="response-label field-label label-inline" aria-describedby="status_3e5a85d891b541d8ad0cd1454d59e0a8_2_1"> transportation is always priced to achieve system equilibrium
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Question 9
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<legend id="db89bdc3d89a41979f981605d3dda175_2_1-legend" class="response-fieldset-legend field-group-hd">Some examples of Pigouvian taxes are (mark all that apply):</legend>
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<input type="checkbox" name="input_db89bdc3d89a41979f981605d3dda175_2_1[]" id="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_0" class="field-input input-checkbox" value="choice_0"/><label id="db89bdc3d89a41979f981605d3dda175_2_1-choice_0-label" for="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_0" class="response-label field-label label-inline" aria-describedby="status_db89bdc3d89a41979f981605d3dda175_2_1"> all sales taxes included in the price of a personal vehicle
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<input type="checkbox" name="input_db89bdc3d89a41979f981605d3dda175_2_1[]" id="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_1" class="field-input input-checkbox" value="choice_1"/><label id="db89bdc3d89a41979f981605d3dda175_2_1-choice_1-label" for="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_1" class="response-label field-label label-inline" aria-describedby="status_db89bdc3d89a41979f981605d3dda175_2_1"> parking fees
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<input type="checkbox" name="input_db89bdc3d89a41979f981605d3dda175_2_1[]" id="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_3" class="field-input input-checkbox" value="choice_3"/><label id="db89bdc3d89a41979f981605d3dda175_2_1-choice_3-label" for="input_db89bdc3d89a41979f981605d3dda175_2_1_choice_3" class="response-label field-label label-inline" aria-describedby="status_db89bdc3d89a41979f981605d3dda175_2_1"> taxes imposed on high-emission vehicles
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Question 10
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<legend id="22c7edf906194af28ae32ecb1fb27a6b_2_1-legend" class="response-fieldset-legend field-group-hd">The purchase of vehicles and/or buses should be included in the estimation of which type of costs?</legend>
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Question 11
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<legend id="b1666ff32da14c699f96d75ad3c54a08_2_1-legend" class="response-fieldset-legend field-group-hd">In the case of new mobility companies, what type of cost is used to manage stakeholder interactions and is substantially higher compared to traditional transportation companies?</legend>
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Question 12
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<legend id="9c17319aabf84d38886ef319cb2614c1_2_1-legend" class="response-fieldset-legend field-group-hd">The "Shared Mobility Principle" which relates to pricing is the following...</legend>
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