You saw that there was a gasoline price war going on in a small town 27 miles

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You saw that there was a gasoline price war going on in a small town 27 miles from where you live (54 miles round trip), so you are thinking about driving there to fill the tank in your pick-up truck, which gets 18 miles per gallon. You think it will take 22 gallons to fill your tank. If the cost of gasoline at your usual station is $3.60 per gallon, the required price at the out-of-town station to just breakeven is closest to:

(a) $3.63

(b) $2.82

(c) $2.95

(d ) $3.11

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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