Structural Analysis
Structural Analysis
6th Edition
ISBN: 9781337630931
Author: KASSIMALI, Aslam.
Publisher: Cengage,
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Hi. Please kindly answer this. Thank you.
15000 automobiles pass across a tool bridge every day. P13.00 per car is
the current toll. According to studies, every 75-cent increase in the toll
reduces traffic by 750 vehicles per day. The toll should be raised to a
level where income is maximized. Calculate the toll rate that will optimize
revenue, the daily traffic volume following the toll increase, and the
overall revenue increase with the new tool
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Transcribed Image Text:15000 automobiles pass across a tool bridge every day. P13.00 per car is the current toll. According to studies, every 75-cent increase in the toll reduces traffic by 750 vehicles per day. The toll should be raised to a level where income is maximized. Calculate the toll rate that will optimize revenue, the daily traffic volume following the toll increase, and the overall revenue increase with the new tool
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