Given a daily traffic rate of 6000 cars a toll of 2600 per


Given a daily traffic rate of 6000 cars, a toll of $26.00 per car, and a price elasticity of -1.4. What would be the effect of a 50% decrease in price on the traffic rate and daily revenue?

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Business Economics: Given a daily traffic rate of 6000 cars a toll of 2600 per
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