A bridge that typically gets 1,000 cars per day is installing a new toll next week of $0.50 per car.The tax revenues generated will be:

Name: A bridge that typically gets 1,000 cars per day is installing a new toll next week of $0.50 per car.The tax revenues generated will be:
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Question

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The introduction of a toll may reduce the number of cars using the bridge, so the revenue is likely to be less than $500 if fewer than 1,000 cars cross the bridge daily after the toll is implemented.

A Bridge That Typically Gets 1,000 Cars Per Day Is