The Instructions for Preparing the Fuel Mix for a Two-Cycle

question 269

Short Answer

The instructions for preparing the fuel mix for a two-cycle engine are to add 250 ML of oil to 5 L of gasoline. What is the ratio (by volumes) of gasoline to oil in the fuel mix in lowest terms?

---

Definitions:

Current Consumption

The total amount of goods and services consumed at the present time, as opposed to savings for future consumption.

Time Preference

The inclination of individuals to prefer goods and services sooner rather than later.

Rational Expectations

The hypothesis that individuals form predictions of the future based on available information and act on those predictions rationally.

Consumption Goods

Goods that are purchased by consumers for the purpose of consumption and not for resale.