Question

Stan Moneymaker needs 12 gallons of gasoline to top off his automobile's gas tank. If he drives an extra eight miles (round trip) to a gas station on the outskirts of town, Stan can save $0.15 per gallon on the price of gasoline. Suppose gasoline costs $3.50 per gallon and Stan's car gets 25 mpg for in-town driving. Each mile that Stan drives creates one pound of carbon dioxide. Each pound of Co, has a cost impact of $0.03 on the environment. What are Stan's savings per mile for the eight mile extra trip, including the effect of environmental costs? Stan's savings are $ per mile. (Round to four decimal places.) Should Stan make the trip to get less expensive gasoline? Choose the correct answer below. O Yes O No Should Stan consider any other factors in his decision making? Choose the correct answer below. Yes o No

Answer 1

Kindly upvote:)

(i) Cost = (12 gal) ($3.50 (gal) = $42 If Stan drives the additional 8 miles, he would need more gallons; mi 25 mpy se mere * * 0.32 gal..22 - 12.22 gol & 25x = 8 C an= 0.32 gal. - Ston would need! & 12+0.32= 12.32 The cost would be. Cost - +562.32901) ($6.5-0.13) Igal) - $ 41.272 - he sames: - $ - $41.272 - $0.728 But a cost to ennironment = 0.038 $0.24 . Total saving a $0.728 - v. 24 - $10.48801 0 , since there is saving. cii) Yes Gilves.