Car Producer improving efficiency

Jun 12th, 2015
HelloWorld
Category:
Accounting
Price: $10 USD

Question description

A car producer aims at making an existing model more efficient. Because of the improvements the car should now use 6.3L of gasoline instead of 7L of gasoline pre 100km. How much more can the efficient car cost in order to still be competitive? Assuming average customer drives 20000km per year, pay-back-period of 3 years and gasoline prices is $1.30. 

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Duke University
PREMIUM TUTOR

Studypool has helped 1,244,100 students

Summary
Quality
Communication
On Time
Value
Five Star Tutor
Feb 20th, 2017
" Outstanding Job!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1830 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors