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6 A new subdivision is being built north of town. The existing road will no longer be sufficient to handle the increased traffic. Two alternatives

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6 A new subdivision is being built north of town. The existing road will no longer be sufficient to handle the increased traffic. Two alternatives are being considered. The first option is to expand and upgrade the existing road to a four-lane highway. The second option is to construct a new bridge across the river to provide additional access to the subdivision. The following data outlines the costs associated with each option. The operating cost for the cars is expected to be about $2.10 per km The town expects approximately 405,000 trips per year What is the incremental annual benefit of the bridge? (HINT: the benefit is the saved time) Correct

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