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Thanks to smaller and more fuel-efficient models, American carmakers have doubled their average fuel economy over a 13-year period, from 1974 to 1987. The graph depicted in the figure gives the average fuel consumption in miles per gallon (mpg) of domestic-built cars over the period under consideration ( corresponds to the beginning of 1974). Use the trapezoidal rule to estimate the average fuel consumption of the domestic car built during this period. Round the result to the nearest hundredth.
(Hint: Approximate the integral .)
Please enter the answer in decimal form.
__________ mpg
Sale Price
The ultimate selling price of a product, once all discounts or promotional offers have been taken into account.
Gross Profit
The difference between the selling price and the unit cost of an item of merchandise. (Also called markup.)
Markdown
The reduction of a product's selling price, often to clear inventory or promote sales.
Mark-up
An enhancement to the price at which goods are bought to include expenses and profit.
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