A Truck Gets Mpg When Driven at a Constant

question 68

Short Answer

A truck gets mpg when driven at a constant speed of x mph (between 50 and 70 mph). If the price of fuel is $1/gallon and the driver is paid $8/hour, at what speed between 50 and 70 mph is it most economical to drive?
__________ mph

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Definitions:

Beautician

A professional who provides services related to beauty treatments for skin, hair, and nails.

Retirement Income

The total earnings an individual receives after retiring from work, which can come from pensions, savings, investments, or government benefits.

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or the rate charged by central banks for loans to commercial banks.

Cash Flows

The total figure of money being moved into and extracted from a business, critically affecting its liquid assets.