As of Eco

In: Computers and Technology

Submitted By sab980
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Graduate School of Business
Economics for Management
Spring 2013– Assignment

Student’s name: _Sabbu Maharjan______________________________________ Student’s ID: ___11665751_________________________________ Class day and time: _Wednesday, 9:00 am___________________________________ Lecturer’s name: ____________________________________ Student’s signature * ____________________________________

*By signing your name you agree that you have read, understood, and followed the rules in the subject guide concerning cheating and plagiarism.

Instructions:

Due Date: A signed hard copy of the assignment must be submitted before 6pm, Monday October 14, 2013.

Contribution to final grade: 20%. Marks are allocated to individual questions as indicated. Part marks are automatically given for multi-part questions in proportion to the number ofcorrect responses.

Background needed to complete the assignment: Review the material in Chapters 3 of the textbook.

How to submit: Submit the assignment by placing it into the assignment box labelled “Economics for Management” located in the foyer of Level 3, Block D, Building 5 (it is one floor above the Economics Discipline Group Reception).

Time of Day Tolling on Sydney Harbour Tunnel
On 27 January 2009, the New South Wales government introduced a new time of day tollingsystem for southbound traffic on the Sydney Harbour Bridge (SHB) and Sydney HarbourTunnel (SHT). Previously, passenger vehicles paid a flat $3 toll to travel south on both these harbour crossings.

The new system introduced the following tolls on weekdays for these two harbour crossings:

From 6:30am to 9:30am: $4.00
From 9:30am to 4:00pm: $3.00
From 4:00pm to 7:00pm: $4.00
From 7:00pm to 6:30am: $2.50

Table 1 below shows average weekday southbound traffic volumes on the Sydney Harbour Tunnelfor the 12 months before and after…...

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