Quiz #3 (Answer Key)
February 5, 2013
Suppose the government has decided to increase the toll on a certain stretch of highway from
$0.40 to $0.50. Before the toll, 50,000 cars per week used the stretch of highway; after the toll,
Exam 1 (ANSWER KEY)
February 19, 2015
You may use a calculator and scratch paper on this exam, but nothing else.
1.) (15 points total) Consider a section of freeway that is uncongested during off-peak hours,
but congested during rush hour.