The cost of grading and spreading gravel on a curvy rural road is expected to be $300,000. The road will have to be maintained at a cost of $25,000 per year. Even though the new road is not very smooth, it allows access to an area that previously could only be reached with off-road vehicles. The improved accessibi

site is planned to have a cinema that can accommodate 1000 persons, a medical clinic with 550 m2 of gross floor area, a bowling alley with 21 lanes and a retail store with 3,225 m2 of gross floor area. The total minimum parking space requirements as per the City of Hamilton's by-laws are ?

A 40km gravel surfaced road on a reasonably good alignment, is now carrying an annual average daily traffic of 100 vehicles (10% trucks). The traffic is expected to grow at an annual rate of 5% compounded (for each road type and all vehicles). The minimum attractive rate of return is 10% per annum. It is proposed to pave the road with minor reconstruction and the rest of the project details are shown in Table 1 below. Determine the benefits and costs after the year of paving

Lion heen construcied belweh the mainland and an island The total cost areluding tolls) to travel across the bridge is expressed as C- 50+0.5V, where Visthe ber o veh/h and C'is thc cost/veh in cents. The demand for travel across the bridue is V 2500-10C O Determine the volume of traffle across the bridge. a toll of 25 cents is added, what s the volume across the bridge? What volume Would be expected with a 50 cent increase Aelbooth is to be added, thus reducing the travel time to cross the bridge. The new nction is C- 50 + 0.2V. Determine the volume of traffic that would cross the bridge. d Determine the toll to yicld the highest revenue for demand and supply function in part (a), and the associated demand and revenue.