Consideration is being given to increasing the toll on a bridge now carrying4500 veh/day. The current toll is $1.35/veh. It has been found from pastexperience that the daily traffic volume will decrease by 400 veh/day foreach 25¢ increase in toll. Therefore, if x iš the increase in toll in cents/veh,the volume equation for veh/day is V= 4500 - 400 (x/25), and the newtoll/veh would be T = 135 + x. In order to maximize revenues, what wouldthe new toll charge be per vehicle, and what would the traffic in veh/daybe after the toll increase?

given- traffic volume equation for a bridge required-to find maximum revenues from the new toll…

Answered: toll/veh would be T = 135 + x. In order…

toll/veh would be T = 135 + x. In order to maximize revenues, what would the new toll charge be per vehicle, and what would the traffic in veh/day be after the toll increase?

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Question

Consideration is being given to increasing the toll on a bridge now carrying
4500 veh/day. The current toll is $1.35/veh. It has been found from past
experience that the daily traffic volume will decrease by 400 veh/day for
each 25¢ increase in toll. Therefore, if x iš the increase in toll in cents/veh,
the volume equation for veh/day is V= 4500 - 400 (x/25), and the new
toll/veh would be T = 135 + x. In order to maximize revenues, what would
the new toll charge be per vehicle, and what would the traffic in veh/day
be after the toll increase?

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