Question

passage below requires critical analysis and breakdown

Saving money is something everyone strives for. Clipping coupons, using discount codes, and bargaining with would-be sellers are all methods used when deciding to move forward with an economic decision. A couple of years ago I noticed my brakes were squeaking. After a long inspection I determined that I needed new brake pads and rotors. The parts plus labor estimate that I received from the automotive shop was $650. This was a job that I had never done before, but thought I could get it done fairly easy. First I did some limited research on Youtube. The process seemed straight forward and the time frame was roughly 1-2 hours. I then looked up the parts required for the job. There were additional parts required, other than the rotors and brake pads that I needed to get the job done. I added all the components up and they totaled $375. I made the economic decision to purchase the parts and do the job myself in order to save money. I displayed overconfidence in my decision, because I thought the quality of the information I had was high (Parker, 2019). This proved to be the wrong decision, as the job proved longer and harder than expected.

Removing the tires was easy, unfortunately the rotors were a challenge. Due to the high levels of rust the rotors would not budge and I was forced to buy a sledge-hammer to remove them. The job took most of the day and I was not able to complete some other projects I had planned.

The cost savings vs. the time and effort I had to expend was not worth doing the job myself. When the time comes to change the brake pads again I will take it a automotive shop. I should have performed more research prior to the job and factored the issues that could occur. Additional estimates would have also helped, due to the fact the some shops that specialize in brake pad procedures can be more cost effective to the consumer.

Answer 1

The cost saving=$650/2=325 units

saving money is partially a abenefit when it comes to products where multiple discounts are available and there are enormous technical constraints.It has long inspection in its priod

cost effective is something that is a good value, where the benefits and usage are worth at least what is paid for them. An example of cost effective is using VOIP to talk on the phone long distance.The act of saving money by making a product or performing an activity in a better way.

verbcommand a price of

1.amount.

2.charge.

3.damage.

4.expenditure.

5.figure.

6.outlay.

7.payment.

8.Price.

Efficiency is often measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r=P/C, where P is the amount of useful output ("product") produced per the amount C ("cost") of resources consumed.

The work is calculated by multiplying the force by the amount of movement of an object (W = F * d). A force of 10 newtons, that moves an object 3 meters, does 30 n-m of work. A newton-meter is the same thing as a joule, so the units for work are the same as those for energy – joules.