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Workers in a company decided to rent a van instead of commuting going to work. The amount of rent is shared equally among the passengers. Let x = the number of passengers y = the rental share of each passenger in pesos y= 2000/x 4. Given that the van rental is P 2,000.00 per day and the gasoline that will be filled in the tank is 42 liters every week except on the third week where they only filled the van with 21 liters of gasoline that costs P 45.00 per liter. How much will each of the 15 passengers (not including the driver) share in a month? (Consider that there are 4 weeks in a month and the passengers will travel 5 days a week).

Workers in a company decided to rent a van instead of commuting going to work. The amount of rent is shared equally among the passengers. Let x = the number of passengers y = the rental share of each passenger in pesos y= 2000/x 4. Given that the van rental is P 2,000.00 per day and the gasoline that will be filled in the tank is 42 liters every week except on the third week where they only filled the van with 21 liters of gasoline that costs P 45.00 per liter. How much will each of the 15 passengers (not including the driver) share in a month? (Consider that there are 4 weeks in a month and the passengers will travel 5 days a week).

Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
Section: Chapter Questions
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Workers in a company decided to rent a van instead of commuting going to work. The amount of rent is shared equally among the passengers. Let x = the number of passengers y = the rental share of each passenger in pesos y= 2000/x 4. Given that the van rental is P 2,000.00 per day and the gasoline that will be filled in the tank is 42 liters every week except on the third week where they only filled the van with 21 liters of gasoline that costs P 45.00 per liter. How much will each of the 15 passengers (not including the driver) share in a month? (Consider that there are 4 weeks in a month and the passengers will travel 5 days a week).
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