Barbara must buy four new tires for her car

Assignment Help Business Economics
Reference no: EM131460232

Barbara must buy four new tires for her car. She is considering buying tires that are $25 apiece more than her regular brand, because the higher priced tires are supposed to increase the miles per gallon by 20%. If the tires are good for 48,000 miles and she drives an average of 1,000 miles per month, gas costs $2.50 per gallon over the next 4 years, and the car gets 30 miles to the gallon now (on the old tires), should she purchase the more expensive tires?

  • Yes, because she will save about $660 dollars in gas over the four years but the new tires will only be $100 more.
  • Yes, because Barbara will save about $560 dollars in gas over the four years but the new tires will only be $100 more.
  • No, because she will only save about $60 dollars in gas over the four years and the new tires will be $100 more.
  • No, because she will only save about $90 dollars in gas over the four years and the new tires will only be $100 more

Reference no: EM131460232

Questions Cloud

Are the events overweight and obese exhaustive : An alarming number of U.S. adults are either overweight or obese. The distinction between overweight and obese is made on the basis of body mass index (BMI).
Prepare the statement of changes in net position : Prepare the Statement of Changes in Net Position of Flood Control Commission for the month ended October 31, 2017. Prepare the Statement of Budgetary Resources.
At what rate have sales been growing : Sawyer Corporation's 2015 sales were $5 million. Its 2010 sales were $2.5 million.
Find probability-selected patient suffered from depression : At four community health centers on Cape Cod, Massachusetts, 15,164 patients were asked to respond to questions designed to detect depression.
Barbara must buy four new tires for her car : Barbara must buy four new tires for her car. She is considering buying tires that are $25 apiece more than her regular brand.
What amount do you need to deposit : Rather than making equal annual payments, you decide to make one lump-sum payment on your 36th birthday to cover your retirement needs.
What was your role in your family group : What was your role in your family group? What was the most challenging decision your family made during the simulation?
Withdrawal penalty since he is separating : Jerry, who is age 56, was just called into the President's office at Napa Sunrise, Inc.
Compusystems was supposed to pay a manufacturer : CompuSystems was supposed to pay a manufacturer $19000 on a date 4 months ago. CompuSystems is proposing to pay $10000 today and the balance in 5 months

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the country current account balance

You are given the following information about a country’s international transactions during a year: Item Value ($ millions) Exports 526 Imports 402 Net Income from Foreigners 3 Net Unilateral Transfers -8 Net Increase in the Country's Holding of Fore..

  Asset price bubble to form in the technology stock market

If market participants expect stocks in the technology sector to increase in price next year, what will happen to supply, demand and price today? Give an answer and also show with a supply-demand curve. What else would be needed for an asset price bu..

  Produces its monopoly quantity in equilibrium

In a Stackelberg industry with identical firms we know that firm 1, the leader, produces its monopoly quantity in equilibrium. Given this, does the Stackelberg leader necessarily earn a higher profit than the Stackelberg follower? Explain.

  Illustrate what would they estimate the marginal propensity

If these economists ignore the possibility of crowding out, illustrate what would they estimate the marginal propensity to consume (MPC) to be.

  Illustrate what is shop sales mix

Illustrate what is shop's sales mix Illustrate what is shop's break-even sales volume in dollars. Explain how many bicycles of each type must firm sell to earn a target net income of $50,000.

  Qalthough economists routinely use gross domestic product

q.although economists routinely use gross domestic product gdp and other national income and product statistics in

  Qthe market for water in urban areas in australia is often

q.the market for water in urban areas in australia is often dominated by one provider for example sydney water in the

  Identify any four abnormal demand curves

A normal demand curve is assumed to be downward sloping, identify any four abnormal(exceptional) demand curves

  Chance that the social security trust fund

Explain why there is a chance that the social security trust fund may be depleted by 2035. Does this mean that social security will be bankrupt and will not be able to make any payments to retirees after 2035?

  Changes in government spending also taxes positively

Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.

  What was the market structure after the merger

What was the market structure after the merger? What does this merger say about the ability of companies to merge and form monopolies? What is the quantity demanded if cars sell for $30,000 each?

  Explain equation of exchange based upon velocity of money

show and explain the equation of exchange based upon the velocity of money. Eventually this model was used to develop a demand for money theory. Why was this model not a good predictor of the demand for money?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd