Average demand on a rural roadway ranges from zero to 700 veh/day when the cost per trip goes from $1.50 to zero. (a) Calculate the net user benefits per year (in dollars) if the cost decreases from $1.00 to $0.50/trip (assume a linear demand function). Enter a number. (b) Compare the value calculated in (a) with the benefits as calculated in typical highway studies. (Enter the benefits in dollars as calculated in typical highway studies.) $
Average demand on a rural roadway ranges from zero to 700 veh/day when the cost per trip goes from $1.50 to zero. (a) Calculate the net user benefits per year (in dollars) if the cost decreases from $1.00 to $0.50/trip (assume a linear demand function). Enter a number. (b) Compare the value calculated in (a) with the benefits as calculated in typical highway studies. (Enter the benefits in dollars as calculated in typical highway studies.) $
Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter13: Evaluating Transportation Alternatives
Section: Chapter Questions
Problem 4P
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Transcribed Image Text:Average demand on a rural roadway ranges from zero to 700 veh/day when the cost per trip goes from $1.50 to zero.
(a) Calculate the net user benefits per year (in dollars) if the cost decreases from $1.00 to $0.50/trip (assume a linear demand function).
Enter a number.
(b) Compare the value calculated in (a) with the benefits as calculated in typical highway studies. (Enter the benefits in dollars as calculated in typical highway studies.)
$
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