Question: 1 . A toll - free freeway has been constructed between the two cities. The total cost to travel between the two cities is expressed
A tollfree freeway has been constructed between the two cities. The total cost to travel between the two cities is expressed as C V where C is the costveh in and V is the trafficvolume in vehh The demand for travel along the freeway is V C a Determine thevolume of traffic along the freeway. b If a toll of is added, what will the volume along the freeway be And how much revenue will be generated?
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