A toll bridge charges $1.00 for passenger cars and $2.25 for other vehicles. Suppose that during daytime hours, 60% of all vehicles are passenger cars. If 15 vehicles cross the bridge during a particular daytime period, what is the resulting expected toll revenue

Total revenue = 13.5 + 9 = $22.5

Step-by-step explanation:

The toll charges $1.00 for passenger cars and $2.25 for other vehicles. During daytime hours  60% of all the vehicles are passenger vehicles.

A particular daytime period 15 vehicle crossed the bridge. Recall that during daytime period, 60% of all the vehicles are passenger vehicles . Therefore,

Passenger vehicles = 60% of 15

Passenger vehicles = 60/100 × 15

Passenger vehicles = 900/100

Passenger vehicles = 9

9 of the vehicles are passenger vehicle and the charges for passenger cars is $1.00. other vehicle is $2.25.

revenue for passenger cars = 1 × 9 = $9

revenue for other vehicles = 2.25 × 6 = $13.5

Total revenue = 13.5 + 9 = $22.5

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step-by-step explanation:

according to this law, when unemployment goes up by 1%, gdp drops by 2%. in the question, unemployment rate goes from 2% to 5%, meaning unemployment goes up by 3%, so the gdp drops by 6%. thus the effect is a drop in gdp by 6%.

step-by-step explanation: