The Inside Temperature of a House Is 65 °F

question 41

Multiple Choice

The inside temperature of a house is 65 °F. When the temperature outside the house is 35 °F, the furnace supplies 100 joules per hour to keep the inside of the house warm. If the temperature outside the house increases to 50 °F, then what is the fuel consumption of the furnace? Assume the house loses heat through conduction only.

• A) 38 joules per hour
• B) 42 joules per hour
• C) 50 joules per hour
• D) 56 joules per hour
• E) 61 joules per hour

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Definitions:

Abnormal Earnings

Income that deviates significantly from what is typical or expected, usually referring to profits significantly higher or lower than those typical for the industry or the company's history.

Valuation Approach

The methodologies and procedures used to determine the value of an asset, a company, or a financial instrument.

Expected Earnings

The anticipated profit or income generated by an investment or a business activity in a future period.

Disadvantages

The drawbacks or unfavorable aspects associated with a particular decision, action, or strategy.