Latent demand for highway travel is defined as the


Latent demand for highway travel is defined as the differencebetween the maximum numver of trips that could be made and thenumber of trips that are actually made. given a demandfunction:

Q=1800-150t

What is the time elasticity of demand when t=2 minutes? what is thelatent demand?

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Civil Engineering: Latent demand for highway travel is defined as the
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