What would be the new optimal toll price

Assignment Help Microeconomics
Reference no: EM133494541

Problem: Suppose the local authority's Department of Transportation were revamped and its new staff could bring down the cost of maintaining the bridge to $52 million a year, or $1 million a week. What would be the new optimal toll price?

Reference no: EM133494541

Questions Cloud

Describe how volcanic air pollution occurs with example : Describe how volcanic air pollution occurs with example of the Nyiragongo volcano in the Democratic Republic of Congo
Examine the costs of production for your firm : How have supply and demand conditions impacted the firm in recent years? Examine the costs of production for your firm.
What was his life like during jim crow era : Before Jackie Robinson played in the Major League, what was his life like during Jim Crow era?
Do generic drug products acts same : Do generic drug products acts same as name brand product to patient? What are the key important factors that makes generic drug product unique compared to name
What would be the new optimal toll price : Suppose the local authority's Department of Transportation were revamped and its new staff could bring down the cost. What would be the new optimal toll price?
What is an outstanding balance : What is an outstanding balance? Why is it more difficult to get out of debt when only paying the minimum payment?
How could this disease impact someones health : Describe Down syndrome. How could this disease impact someone's health? What prevention options are there for this disease? How many people total have
Explain how and why your country networked readiness : Explain how and why your country's networked readiness ranking will present an opportunity or a threat to the success of Perigord Bakery in the country
How they think about themselves in self-efficacy : How they think about themselves in self-efficacy? How could the constructs of self-efficacy theory be used to help cope with this type of loss

Reviews

Write a Review

Microeconomics Questions & Answers

  Savings-mart chain of discount department stores sells

savings-mart a chain of discount department stores sells patio and lawn furniture. sales are seasonal with higher sales

  Describe key facts about short-run economic fluctuations

Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run. Provide real-world examples of those "key facts."

  Nbspa describe the four supply factors associated with

nbspa describe the four supply factors associated with economic growth.b which of the supply factors do you believe

  Select the best jogging track using the b-c method

Four mutually exclusive projects are being considered for a new 2-mile jogging track. The life of the track is expected to be 80 years.

  Disccuison on managerial paradigms

To begin your thread for a particular module, open the Key Terms document posted within each module, and select one of the key terms that interests you - Disccuison board on Managerial paradigms: ethnocentric, polycentric, and geocentric

  The term bogo buy one get one also referred to as buy one

the term bogo buy one get one also referred to as buy one get one free has entered the urban dictionary and is a sales

  High-income market capitalist economies

What are some of the reasons that the U.S. has greater degrees of income and wealth inequality than other high-income market capitalist economies?

  Show the articles in terms of the economic frameworks

The goal of theeconomic analysis is to show the articles in terms of the economic frameworks and models. Please focus on the topic chosen- Monopolies and markt failures.

  What transactions increase or decrease owners equity

Why must this equation always balance? What transactions increase or decrease owner's equity? How does net income or loss affect owner's equity?

  Which set of people will the overall expense of a movie

A theater that shows the same movie to large families and to individuals and couples. (Hint: For which set of people will the overall expense of a movie be a larger part of their budget, so that demand is more elastic)

  Under what conditions may a tariff actually make a country

1. Under what conditions may a tariff actually make a country better off? 2. In addition to the production and consumption side deadweight losses.

  Supply and demand conceptsyou have been hired by a new firm

supply and demand conceptsyou have been hired by a new firm selling electronic dog feeders. your client has asked you

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd