Chapter 4: Problem 123
In some cities, taxicabs run on liquefied propane fuel instead of gasoline. This practice extends the lifetime of the vehicle and produces less pollution. Given that it costs about 2000 to modify the engine of a taxicab to run on propane and that the cost of gasoline and liquid propane are 3.50 per gallon and 2.50 per gallon, respectively, make reasonable assumptions and figure out how many miles a taxi would have to go so that the decreased fuel cost would balance the added cost of modifying the taxi's motor.
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.