The highway has a supply function of: t2=292 And the local road has a supply function of: t1=4+q1 The total demand is constant: 10 trips a. What is the user equilibrium flows on each link? b. What is the travel time of each link/mode? C. What is the system optimum flows if you use the convention? d. What toll would you charge on each link to achieve these flows?
The highway has a supply function of: t2=292 And the local road has a supply function of: t1=4+q1 The total demand is constant: 10 trips a. What is the user equilibrium flows on each link? b. What is the travel time of each link/mode? C. What is the system optimum flows if you use the convention? d. What toll would you charge on each link to achieve these flows?
Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter16: Externalities, The Environment, And Natural Resources
Section: Chapter Questions
Problem 4DQ
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