Suppose the Governor of California Has Proposed Increasing Toll Rates

question 105

Essay

Suppose the governor of California has proposed increasing toll rates on California's toll roads, and has presented two possible scenarios to implement these increases.Following are projected data for the two scenarios for the California toll roads:
Scenario 1: Toll rate in 2015: $10.00.Toll rate in 2019: $22.50
For every 100 cars using the toll roads in 2015, only 81.6 cars will use the toll roads in 2019.
Scenario 2: Toll rate in 2015: $10.00.Toll rate in 2019: $17.50
For every 100 cars using the toll roads in 2015, only 96.2 cars will use the toll roads in 2019.

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