Molly Must Drive Across a Bridge Over a River Eight

question 194

Essay

Molly must drive across a bridge over a river eight times each week. Because the bridge is narrow and traffic is congested, Molly's willingness to pay for the eighth and final weekly trip is $0.50. Now the governor has promised to refurbish this old bridge and widen it to lessen the congestion and increase traffic flow over the river. Molly will have to pay extra taxes to finance the repair, but the toll for crossing the bridge will fall, and she expects to make 10 trips instead of just 8. How would you figure out how much Molly is willing to pay in taxes for the bridge repair?

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Definitions:

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Visual diagrams that show the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Flowcharts

Diagrams that depict the sequence or steps involved in a process, using symbols and arrows to show the flow of operations.

Bar Chart

A graphical display of data using bars of different lengths to represent values.

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