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Ethanol blended with gasoline can be utilized to power a flex fueled car. One particular blend that is gaining in popularity is E 85, which is 85 percent ethanol and 15 percent gasoline. E 85 is 80 percent cleaner burning than gasoline alone, and it reduces our dependency on foreign oil. However a flex fueled car cost $811 more than a conventional gasoline fueled car additionally, E 85 fuel gets 10 percent less miles per gallon than a gasoline only. Consider 100 percent gasoline fueled car that averages 30 miles per gallon and a E 85 fueled car will average about 27 miles per gallon. If either car will be driven 90,000 miles before being traded in, how much will be E 85 fuel have to cost (per gallon) to make the flex field car as economically attractive as a conventional gasoline fueled car? Gasoline cost $3.11 per gallon. Work this problem without considering the time value of money. Provide answer precision to the nearest cent.
In effect, the CRA and the actions of Fannie Mae and Freddie Mac acted to subsidize home purchases by people who otherwise would not have purchased houses. All subsidies must be financed by taxes, implicit or explicit on someone.
A growing number of businesses' including videogame developers, cigarette companies, soft drink producers, liquor marketers, and fast food chains are feeling the heat from government, the press, and society at large for encouraging harmful
The demand for a specific brand of toothpaste and the demand for toothpaste in general b. The demand for gasoline in the short run and the demand for gasoline in the long run
what are the differences between real and nominal rates? explain why this is important to induce action on the part of
Beer and pizza are complements because they are often enjoyed together. When the price of beer rises, what happens to the supply, demand, quantity supplied, quantity demanded, and the price in the market for pizza.
Sources used to research this person 4-5 non-web based (Periodical, date, pages, etc. MLA) with works sited on the last page. Do not reference the course text book.
1) list examples of flows of real or physical factors between government and households:
a firm in a purely competitive industry has a typical cost structure. the normal rate of profit in the economy is 5
If the market has a very elastic demand curve and inelastic supply curve, how would the application of a subsidy is shared between consumers and producers? Use the tools of producer surplus and consumer surplus to answer this question. Is there a dea..
The partners were finding it difficult to service all three business models they had identified. If they chose to pursue two markets, which would be most complementary?
in cast away islands there is only one company allelectronics which produces tv. it is the sole employer of engineers
suppose that the reserve requirement ratio is 5 and that the fed uses open market operations by selling 100 million
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