A new tunnel is built. When there is no toll to use the tunnel, 6000 vehicles use it each day. For each dollar increase in the toll, 500 fewer vehicles use the tunnel.
- Find the lowest toll for which no vehicles will use the tunnel. (1 mark)
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- For a toll of $5.00, how many vehicles use the tunnel each day and what is the total daily income from tolls? (2 marks)
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- If `d` (dollars) represents the value of the toll, find an equation for the number of vehicles `(v)` using the tunnel each day in terms of `d`. (2 marks)
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- Anne says ‘A higher toll always means a higher total daily income’.
Show that Anne is incorrect and find the maximum daily income from tolls. (Use a table of values, or a graph, or suitable calculations.) (3 marks)
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