ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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An automobile dealership offers to fill the four tires of your new car with 100% nitrogen for a cost of $24. The
dealership claims that nitrogen-filled tires run cooler than those filled with compressed air, and they advertise that
nitrogen extends tire mileage (life) by 23%. If new tires cost $51 each and are guaranteed to get 46,000 miles (filled
with air) before they require replacement and the claims are all true is the dealership's offer a good deal?
The cost of tires containing compressed air is $
The cost of tires containing 100% nitrogen is $
Is the dealership's offer a good deal? Choose the correct answer below.
per mile. (Round to six decimal places.)
per mile. (Round to six decimal places.)
No
O Yes
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Transcribed Image Text:An automobile dealership offers to fill the four tires of your new car with 100% nitrogen for a cost of $24. The dealership claims that nitrogen-filled tires run cooler than those filled with compressed air, and they advertise that nitrogen extends tire mileage (life) by 23%. If new tires cost $51 each and are guaranteed to get 46,000 miles (filled with air) before they require replacement and the claims are all true is the dealership's offer a good deal? The cost of tires containing compressed air is $ The cost of tires containing 100% nitrogen is $ Is the dealership's offer a good deal? Choose the correct answer below. per mile. (Round to six decimal places.) per mile. (Round to six decimal places.) No O Yes
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