An existing toll road has an average traffic volume around 6,000 vehicles per day. A project is proposed to widen the toll road to increase the road capacity. It is projected that the traffic volume would increase to 10,000 vehicles if the toll rate is reduced from $5 to $4 per vehicle. Assume that the toll rate is the only factor affecting the traffic volume on the toll road.

An existing toll road has an average traffic volume around 6,000 vehicles per day. A project is proposed to widen the toll road to increase the road capacity. It is projected that the traffic volume would increase to 10,000 vehicles if the toll rate is reduced from $5 to $4 per vehicle. Assume that the toll rate is the only factor affecting the traffic volume on the toll road.

Traffic and Highway Engineering

5th Edition

ISBN:9781305156241

Author:Garber, Nicholas J.

Publisher:Garber, Nicholas J.

Chapter2: Transportation Systems And Organizations

Section: Chapter Questions

Problem 5P

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