A toll bridge carries 10,000 veh/day. The current toll is $3.00/vehicle. Studies have shown that for each increase in toll of 50 cents, the traffic volume will decrease by 1000 veh/day. It is desired to increase the toll to a point where revenue will be maximized. Question: Determine additional revenue with new toll (in $/day) O 1500

Structural Analysis
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ISBN:9781337630931
Author:KASSIMALI, Aslam.
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Chapter2: Loads On Structures
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A toll bridge carries 10,000 veh/day. The current
toll is $3.00/vehicle. Studies have shown that for
each increase in toll of 50 cents, the traffic volume
will decrease by 1000 veh/day. It is desired to
increase the toll to a point where revenue will be
maximized.
Question:
Determine additional revenue with new toll (in
$/day)
1500
3000
2000
5000
Transcribed Image Text:A toll bridge carries 10,000 veh/day. The current toll is $3.00/vehicle. Studies have shown that for each increase in toll of 50 cents, the traffic volume will decrease by 1000 veh/day. It is desired to increase the toll to a point where revenue will be maximized. Question: Determine additional revenue with new toll (in $/day) 1500 3000 2000 5000
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