Sammy Jankis
Was it me?
And boffergroin the monkey brain must prove it;s compeletely inelastic in nature to make his case. He doesn't have the data either.
this is how government fails
- Thread starter SmarterthanYou
- Start date
And boffergroin the monkey brain must prove it;s compeletely inelastic in nature to make his case. He doesn't have the data either.
maineman
Banned
I disagree... I think his point was that it was not solely attributable to toll increases.
Sammy Jankis
Was it me?
NOtice you're all alone now, maineman? WHere is your boyfriend, boffergroin?
Sammy Jankis
Was it me?
I think he was trying to make the case that toll increase played no role at all. And that;s an overreach I made him look foolish on.
maineman
Banned
and I am not at all convinced that toll increases played any role in revenue decreases... they may have had a marginal impact on traffic volume, but if that impact, percentage-wise, is not as great as the percentage of the rate increase, then toll increases are not the culprit.
SmarterthanYou
rebel
the case was that it's idiocy to make up for a shortfall by increasing the fee, something that dems and libs can't seem to understand.
maineman
Banned
again...only idiocy if you can prove elasticity of demand for tollroad travel over the range of the toll increase.
I don't think you have that data,
Bfgrn
New member
Originally Posted by Bfgrn
Here's your math assignment...
Toll on road A is .75 per vehicle
Toll on road B is 1.00 per vehicle
Your revenue goal is $2,000 per day
How many vehicles per day will you need to collect tolls from on road A to achieve $2,000?
How many vehicles per day will you need to collect tolls from on road B to achieve $2,000?
AssHatZombie sneers:
I don't do assignments. You're the one who seemed to be unable to understand that price effects demand.
LOL...you are the one who seems be unable to understand SIMPLE math...
Answers...
To achieve a goal of $2,000...
Toll road A @ .75 per vehicle = 2,667 vehicles
Toll road B @ 1.00 per vehicle = 2,000 vehicles
AssHatZombie must prove that a nominal toll increase of a quarter will deter one out of every four drivers from using the toll road...
AssHatZombie must also provide road maintenance cost analysis per vehicle to factor in saving on road repair with lower usage...
Sammy Jankis
Was it me?
You're math problem is a distraction. I don't do assignments.
You were in fact trying to assert with some imagined proof that NONE of the reduction was due to raised prices. I schooled you on that. You look foolish now.
Bfgrn
New member
Hey pea brain, I never said NONE of the reduction was due to raised prices.
I SAID, there were OTHER factors that Dumber than shit IGNORED...
Factors (HUGE gas price increases) that reduced ALL driving in America
The math is only a distraction because it PROVES you're an idiot...
YOU need to prove that out of every 4,000 drivers that WERE using the toll road before the price increase, NOW 1,000 of those drivers refuse to use the toll road...OTHERWISE revenue INCREASES.
Sammy Jankis
Was it me?
And you need to prove the opposite to make your case.
The generality we both agree on though: increase rates lessen usage, therefore, revenue.
Sammy Jankis
Was it me?
BofferGroin is confused by econ 101.
Bfgrn
New member
econ 101...WOW...
OK, I charge each motorist one dollar and 1,001 pay to use the road
NOW, I lower the toll to one penny, and 100,000 motorists pay to use the road
WHICH will gain more revenue Einstein of econ 101?
Sammy Jankis
Was it me?
Are you having fun inside your private hallucination?
Bfgrn
New member
What's the problem Einstein of econ 101, did I stump you?
Can't answer it, can you?
Sammy Jankis
Was it me?
Once again, Boffergroin is trying to deny basic rules of economics with his hairbrained story problems.
Bfgrn
New member
The basic rules of economics as applied to this situation...
IF you had 1,001 motorists pay a toll of one dollar on one road, and 100,000 motorists pay a toll of one penny on the second road, the REVENUE would be LARGER from the first road...EVEN THOUGH, the second road had 98,999 MORE USE and MORE tolls collected...
Sammy Jankis
Was it me?
That situation is idiotic and made up. Of course you can make up retarded scenarios. Good for you.
The reality of it is, less people travel the road because of the higher cost. There is a point where the ROI is negative. Simply raising the price will not always increase your revenue because it is not a zero sum game. Unless you have people trapped into driving the road, the decrease in drivers because of the increase in cost will at some point bring you negative return.
Bfgrn
New member
Whew! There IS intelligent life on this planet Spock...
Bones, how is AssHatZombie?
My tricorder shows no brain activity................He's dead Jim...
BTW, In this case presented by MTY, usage would have to drop by one out of every four to break even in revenue...