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3. A car can go 100 kilometers per hour by using 5 liters of gasoline per...
How does the fuel consumption of a car change as its speed increases? Here are data...
How does the fuel consumption of a car change as its speed
increases? Here are data for a British Ford Escort. Speed is
measured in kilometers per hour, and fuel consumption is measured
in liters of gasoline used per 100 kilometers traveled.
(a) Make a scatterplot. (Do this on paper. Your instructor may
ask you to turn in this work.)
What is the explanatory variable?
The explanatory variable is: (choose one of the following)
1. car model
2. fuel consumption...
How does the fuel consumption of a car change as its speed increases? Here are data...
How does the fuel consumption of a car change as its speed increases? Here are data for a British Ford Escort. Speed is measured in kilometers per hour, and fuel consumption is measured in liters of gasoline used per 100 kilometers traveled. Speed Fuel 10 21.00 20 13.00 30 10.00 40 8.00 50 7.00 60 5.90 70 6.30 80 6.95 Speed Fuel 90 7.57 100 8.27 110 9.03 120 9.87 130 10.79 140 11.77 150 12.83 (a) Make a scatterplot....
Suppose a chair manufacturer's can hire labour for €30 per hour and the rental cost of...
Suppose a chair manufacturer's can hire labour for €30 per hour and the rental cost of capital is є15 per hour. The chair manufacturer's production function is such that a chair can be produced using 4 hours of labour or 4 hours of capital in any combination. (For example it can produce one chair with: 4 hours of labour only; 4 hours (rental) of capital only; or any combination of capital and labour that adds up to 4 hours) 3....
5. (10 points) As the price of gasoline goes up, people are willing to drive farther to fill their tank in order to save money. Assume you had been buying gasoline for $2.40 per gallon and that i...
5. (10 points) As the price of gasoline goes up, people are willing to drive farther to fill their tank in order to save money. Assume you had been buying gasoline for $2.40 per gallon and that it went up to $2.83 per gallon at the station where you usually go. If you drive an F-150 pickup that gets 25 miles per gallon, what is the round-trip distance you can drive to break even if it will take 16 gallons...
2. The electric vehicle Tesla Model S has a drag coefficient of 0.24, a mass of 2100 kg, and a frontal area of 2.4 m2....
2. The electric vehicle Tesla Model S has a drag coefficient of 0.24, a mass of 2100 kg, and a frontal area of 2.4 m2. The coefficient of rolling resistance of its tires is 0.01. Recall the density of air at sea level is 1.3 kg/m3. How much kinetic energy is required to overcome rolling resistance and air resistance (drag) at Autobahn speeds of 180 km/hr for a 200 km trip? How much useful energy (in MJ) and money (in...
3 Rally-car prototyping [5 marks] You have just started a new role as an automotive engineer, you...
Please show clear working out thank you.
3 Rally-car prototyping [5 marks] You have just started a new role as an automotive engineer, your job is to design rally cars and analyse their performance. You have information about the time taken for a rally car prototype to complete three different courses, each with three types of terrain; sealed road, gravel road and snow/ice road. You also know the total distance travelled by the car during the tests. From this information...
1. If the current equilibrium wage rate is $3 per hour, how many hours of labor...
1. If the current equilibrium wage rate is $3 per hour, how
many hours of labor will you hire?
2. How much output will you produce?
Homework: ASSESS Chapter 10 Homework Save Score: 0 of 1 pt 5 of 21 (4 complete) HW Score: 19.05%, 4 of 21 pts Text Problem 2.1 B Question Help 5.00 Total product (output) 4.00- 550 500- 450- 400- 350 300- 250- 200- 150- 100- 507 3.00 Marginal revenue product (output) 0 400 2.00 100...
Please help me graph both questions :) thank you Walt earns $5 per hour in his...
Please help me graph both questions :) thank you
Walt earns $5 per hour in his job as a caretaker. After allowing time for all of the activities necessary for bodily upkeep, he has 80 hours per week to allocate between leisure and labor. Assume that each unit of consumption can be purchased for $1. 1st attempt Part 1 (1 point) See Hint Suppose the government has the following policy: If an individual is not working, he receives a tax-free...
A worker's preferences over consumption (c) and leisure (l) can be represented by U(cl) = cl....
A worker's preferences over consumption (c) and leisure (l) can be represented by U(cl) = cl. The price of consumption is given by p = 1 and the wage by w=1 (a) Suppose we measure leisure in hours per day such that the maximum value I can take is 24. Let's represent hours worked by h; then we have h = 24-1. Write the Budget Constraint of this worker in terms of c and l. (b) Explain briefly why w/p...
Data on the fuel consumption ?y of a car at various speeds ?x is given. Fuel...
Data on the fuel consumption ?y of a car at various speeds ?x is given. Fuel consumption is measured in mpg, and speed is measured in miles per hour. Software tells us that the equation of the least‑squares regression line is ?̂ =55.3286−0.02286?y^=55.3286−0.02286x Using this equation, we can add the residuals to the original data. Speed 1010 2020 3030 4040 5050 6060 7070 8080 Fuel 38.138.1 54.054.0 68.468.4 63.663.6 60.560.5 55.455.4 50.650.6 43.843.8 Residual −17.00−17.00 −0.87−0.87 13.7613.76 9.199.19 6.316.31 1.441.44...
How does the fuel consumption of a car change as its speed
increases? Here are data for a British Ford Escort. Speed is
measured in kilometers per hour, and fuel consumption is measured
in liters of gasoline used per 100 kilometers traveled.
(a) Make a scatterplot. (Do this on paper. Your instructor may
ask you to turn in this work.)
What is the explanatory variable?
The explanatory variable is: (choose one of the following)
1. car model
2. fuel consumption...
Suppose a chair manufacturer's can hire labour for €30 per hour and the rental cost of capital is є15 per hour. The chair manufacturer's production function is such that a chair can be produced using 4 hours of labour or 4 hours of capital in any combination. (For example it can produce one chair with: 4 hours of labour only; 4 hours (rental) of capital only; or any combination of capital and labour that adds up to 4 hours) 3....
5. (10 points) As the price of gasoline goes up, people are willing to drive farther to fill their tank in order to save money. Assume you had been buying gasoline for $2.40 per gallon and that it went up to $2.83 per gallon at the station where you usually go. If you drive an F-150 pickup that gets 25 miles per gallon, what is the round-trip distance you can drive to break even if it will take 16 gallons...
2. The electric vehicle Tesla Model S has a drag coefficient of 0.24, a mass of 2100 kg, and a frontal area of 2.4 m2. The coefficient of rolling resistance of its tires is 0.01. Recall the density of air at sea level is 1.3 kg/m3. How much kinetic energy is required to overcome rolling resistance and air resistance (drag) at Autobahn speeds of 180 km/hr for a 200 km trip? How much useful energy (in MJ) and money (in...
Please show clear working out thank you.
3 Rally-car prototyping [5 marks] You have just started a new role as an automotive engineer, your job is to design rally cars and analyse their performance. You have information about the time taken for a rally car prototype to complete three different courses, each with three types of terrain; sealed road, gravel road and snow/ice road. You also know the total distance travelled by the car during the tests. From this information...
1. If the current equilibrium wage rate is $3 per hour, how
many hours of labor will you hire?
2. How much output will you produce?
Homework: ASSESS Chapter 10 Homework Save Score: 0 of 1 pt 5 of 21 (4 complete) HW Score: 19.05%, 4 of 21 pts Text Problem 2.1 B Question Help 5.00 Total product (output) 4.00- 550 500- 450- 400- 350 300- 250- 200- 150- 100- 507 3.00 Marginal revenue product (output) 0 400 2.00 100...
Please help me graph both questions :) thank you
Walt earns $5 per hour in his job as a caretaker. After allowing time for all of the activities necessary for bodily upkeep, he has 80 hours per week to allocate between leisure and labor. Assume that each unit of consumption can be purchased for $1. 1st attempt Part 1 (1 point) See Hint Suppose the government has the following policy: If an individual is not working, he receives a tax-free...
A worker's preferences over consumption (c) and leisure (l) can be represented by U(cl) = cl. The price of consumption is given by p = 1 and the wage by w=1 (a) Suppose we measure leisure in hours per day such that the maximum value I can take is 24. Let's represent hours worked by h; then we have h = 24-1. Write the Budget Constraint of this worker in terms of c and l. (b) Explain briefly why w/p...
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