If marginal congestion cost of using bridge is mc 5 02q

Reference no: EM13390990

The per-week demand for use of the Golden Gate Bridge in San Francisco is P = 13 - 0.15Q during peak traffic periods and P = 10 - 0.1Q during off-peak hours, where Q is the number of cars crossing the bridge in thousands and P is the toll in dollars. If the marginal congestion cost of using the bridge is MC = 5 + 0.2Q, what is the optimal peak load toll for crossing the bridge?

Select one:

A. 6.5

B. 8.0

C. 8.7

D. 9.9

E. 10.6

Reference no: EM13390990

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