Assume that by paying a $5 toll to use a hot lane, you could save six minutes on your commute to work, time that could be used productively in your office. What would your hourly wage rate (or earnings) have to be to justify paying the toll from your perspective? Compare this wage to the average hourly earnings in the United States (www.bls.gov). Based on this comparison, what would you predict about the average price and age of single-occupant cars in hot lanes versus such cars in other lanes on the same road?