Question

In: Economics

Who decides how much the tollways can charge per mile and are limits put in place...

Who decides how much the tollways can charge per mile and are limits put in place before the contract is negotiated?

Solutions

Expert Solution

A toll road, also known as a turnpike or tollway, is a public or private road or which a fee is assessed for passage.A dynamic toll pricing system bases toll prices on the realtime, measured road conditions while a static pricing system does not; the latter can consist of systems that have one set toll price or variable toll prices depending on the time of day. Dynamic toll pricing systems have gained popularity within the last decade, especially in the US. The earliest dynamic toll pricing system in the US originated in Minneapolis.

TOLL PRICE IS DEPEND AND DECIDE BY  THE CENTER GOVT OF COUNTRY BUT COLLECTED BY THE STATE .


Related Solutions

(i)How much negative charge and how much positive charge are there on the electrons and the...
(i)How much negative charge and how much positive charge are there on the electrons and the protons in a cup of water (0.25 kg)? Note Avogadro’s number is NA = 6.022 × 1023, and each oxygen atom has 8 electrons. (ii) What is the magnitude of the attractive force exerted by the electrons in a cup of water on the protons in a second cup of water at a distance of 10 m?
The capacitance of an object is a measure of how much charge separation can be produced...
The capacitance of an object is a measure of how much charge separation can be produced on the object by applying a voltage difference to it, or contrarily, how much voltage arises across the object as a result of a particular charge separation developing. The equation defining the capacitance is Q = C ΔV where Q is the charge separation (+Q and -Q at two different places on the capacitor), C is the capacitance, and ΔV is the potential difference....
You put $500 per month in the bank today earning 6% per year. How much will...
You put $500 per month in the bank today earning 6% per year. How much will be in the account in 5 years if the interest compounds annually? What if it compounds monthly?
The board at Cerulean is discussing how much the company should charge per hour of service....
The board at Cerulean is discussing how much the company should charge per hour of service. Cerulean has budgeted to supply 100,000 hours of business advisory service for the forthcoming year. Its variable cost is estimated at $30 per hour and its fixed costs are estimated at $1,000,000 for the forthcoming year. The board has been discussing whether to use a cost-plus approach or perhaps examining the demand levels. The marketing department has the following estimation on demand levels at...
You are evaluating how much Ace Limo should charge a client who will lease a car...
You are evaluating how much Ace Limo should charge a client who will lease a car for 7 years. It will cost Acme $85,000 to buy the car and the car can be depreciated on a five-year MACRS schedule. Acme Limo’s pretax administrative costs including Maintenance, Insurance and Selling Cost are $10,000 per year and they occur at the beginning of each year. The after tax cost of capital is 10% and the tax rate is 21%. Lease payments are...
GM has a new electric car called the Bolt. It has a 200-mile range per charge...
GM has a new electric car called the Bolt. It has a 200-mile range per charge and costs under $40,000. Take this new product through the New Product Development process (list and discuss the steps from the lecture). Briefly explain what GM would do/consider at each step of the process. The idea is already there, so you can skip the idea generation initial step.
Suppose that the Canadian government decides to charge cereal consumers a per-unit tax (a tax on...
Suppose that the Canadian government decides to charge cereal consumers a per-unit tax (a tax on each unit purchased). Before the tax, 50,000 boxes of cereal were sold every week at a price of $6 per box. After the tax, 43,000 boxes of cereal are sold every week; consumers pay $9 per box (including the tax), and producers receive $4 per box. The amount of the tax on a box of cereal is per box. Of this amount, the burden...
How much should Brook Atherton put into an account today that earns 7.3 percent per year...
How much should Brook Atherton put into an account today that earns 7.3 percent per year if he wants to be able to withdraw $450 annually for 5 years starting at t=2, then $700 annually for the next 6 years, then $5000 annually for the next 8 years, and then $8500 annually for the next 15 years? A. $35,106.27 B. $10,705.61 C. $37,669.03 D. $125,172.01 E. $134,309.56
Discuss the measures that can be put in place to ensure that the weakening rand does...
Discuss the measures that can be put in place to ensure that the weakening rand does not affect growth negatively.In your discussion highlight the importance of the balance of payments,policy around competition,South africas economic strategy in relation to exports and imports and a possible diversification strategy.
Question 2 Discuss the measures that can be put in place to ensure that the weakening...
Question 2 Discuss the measures that can be put in place to ensure that the weakening rand does not affect growth negatively. In your discussion, highlight the importance the following-the balance of payments, policy around competition, South Africa’s economic strategy in relation to exports and imports and a possible diversification strategy.      [20 Marks]
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT