Why does the situation describe an equilibrium

Reference no: EM13245138

Many people regularly commute from the suburbs to downtown Pleasantville. Due to traffic congestion, the trip takes 30 minutes when you travel by highway but only 15 minutes when you go by side streets. Does this situation describe an equilibrium? why or why not? if not, what would an equilibrium look like?

Reference no: EM13245138

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