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Question:

What type of economic problem is represented by this situation?

Scenario: Many drivers in northern states use “studded snow tires” on their cars in the winter, for real or perceived safety benefits in icy conditions. However, the metal points on the tires rapidly grind down road surfaces. This leads to annual highway repair costs of about $20 million in Washington State alone, and when rain grooves on the road are removed by studded tires, highways become less safe for everyone. This leads to more accidents and slower traffic. What type of economic problem is represented by this situation?Can we expect individual, free-market decisions by drivers to efficiently address this issue? If so, how? If not, why not? i am stumped, help a brother out, at least with the first part

Answer:

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im sorry i feel a bit lazy right now, so i cant read all of this (i bearly woke up like 5min ago, shhhhh) why dont you put this on Word? it will do the spell check for ya.

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