If the cost of gasoline is $2.50 per gallon, how far out of your way (one way) could you afford to drive (in miles) to a service station that has gasoline at $2.25 per gallon if your vehicle gets 30 miles per gallon and you will fill up with 20 gallons of fuel? Consider only the cost of gasoline in vehicle driving cost. (Hint: Since you are going out of your way, you have to drive back the same distance.)
What will be an ideal response?
Savings = 0.25(20) = $5.00
Cost/mile = 2.50/30 = $0.083/mile
Breakeven roundtrip = 5.00/0.083 = 60.24 miles
One way = 60.24/2 = 30.12 miles
You might also like to view...
The text's authors crown John Marshall as "the foremost of the Molding Fathers," whereas a contemporary newspaper editorial condemned him as "a man whose political doctrines led him always ... to strengthen government at the expense of the people." Which point of view do you think has the most substance? Why?
What will be an ideal response?
The concrete form accessory shown in the figure is a _____.
a. spacer
b. form tie
c. waler
d. spreader
Technician A says that the appropriate source of service literature for Paccar MX engines is DAVIE. Technician B says that Paccar RAPIDO software should be used to troubleshoot Paccar MX engines. Who is correct?
A. Technician A only B. Technician B only C. Both A and B D. Neither A nor B
Why is it important to know the advantages and disadvantages of welding processes.?
What will be an ideal response?