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6. The Confederation Bridge that connects PEI and New Brunswick cost approximately $1.65 billion to build. Assume a daily traffic rate of 4,500 vehicles per
6. The Confederation Bridge that connects PEI and New Brunswick cost approximately $1.65 billion to build. Assume a daily traffic rate of 4,500 vehicles per day with an average toll charge of $48, with also a unit variable costs of $2.50 per day. The bridge opened for businesses on July 1, 1997. How many years would it take for the bridge to break-even with the initial cost of $1.65 billion? What profit level will the Confederation Bridge achieve as of July. 1, 2023
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