A New Toll Road Was Built in Southern California Between

question 128

Multiple Choice

A new toll road was built in Southern California between San Juan Capistrano and Costa Mesa. On average, drivers save 10 minutes taking this road as opposed to the old road. The toll is $2; the fine for not paying the toll is $76. The probability of catching and fining someone who does not pay the toll is 90%. Individuals who take the road and pay the toll must therefore value 10 minutes at a minimum:

• A) between $1.80 and $68.40.
• B) between $2 and $68.40.
• C) $1.80.
• D) between $1.80 and $76.
• E) more than $76.

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Definitions:

Textbook

A book containing the essential information on a subject, typically used as a study guide in education settings.

Coercion

The act of compelling or forcing someone to act in a certain way by use of threats or pressure.

Own Goals

Own Goals refer to objectives or targets that an individual sets for themselves, emphasizing personal accountability and motivation.

Subordinates

Individuals who report to a superior or higher-ranking personnel in a hierarchical structure.