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A public toll-road charges a fee. The marginal cost of allowing any given vehicle through the toll is the same across all types of vehicles.
A public toll-road charges a fee. The marginal cost of allowing any given vehicle through the toll is the same across all types of vehicles. The price elasticity of demand differs, however, and is observable. Below is a table of elasticities by 4 consumer types, and 3 suggested toll prices to charge these different groups.
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