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Figure 1 - Hypothetical Marginal and Average Costs of Highway Transportation

Wednesday, November 30, 2011

Figure 1 - Hypothetical Marginal and Average Costs of Highway Transportation

Figure 1 - Hypothetical Marginal and Average Costs of Highway Transportation. If you are a user with a disability and cannot view this image, please call 800-853-1351 or email answers@bts.gov for further assistance.
q* = Number of trips at equilibrium
C* = Cost per trip at social equilibrium
C1 = Private cost per trip at social equilibrium
C2 = Private cost per trip at private equilibrium
q2 = Number of trips at private equilibrium