The student chapter of the american society of mechanical


The student chapter of the American Society of Mechanical Engineers is planning a six-day trip to the national conference in Albany, NY. For transportation, the group will rent a car from either the State Tech Motor Pool or a local car dealer. The Motor Pool charges $0.37 per mile, has no daily fee, and pays for the gas. The local car dealer charges $32 per day and $0.21 per mile, but the group must pay for the gas. The car ’s fuel rating is 21 miles per gallon, and the price of gas is estimated to be $2.08 per gallon. at what point in miles, is the cost of both equal. in other words find the break even point in miles

Request for Solution File

Ask an Expert for Answer!!
Business Economics: The student chapter of the american society of mechanical
Reference No:- TGS01548594

Expected delivery within 24 Hours