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I'm new to homesteading and minimalism part of why I took these up was because of covid and not being able to purchase the usual items my family goes through. Would this be a current example?
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- How do economic engineers make typical personal decisions?If you rent a car, you can (1) return it with a full gas tank, (2) return it without filling it and pay $2.75/gallon, or (3) accept a fixed price of $35 for gas. The local price is $3.00/gallon for gasoline, and you expect this car to get 30 miles per gallon. The car has a 15-gallon tank. What choice should you make if you expect to drive 450 miles? Please explain how to solve. Thank youSolve this early but correctly explain
- The condition that arises because the availableresources are insufficient to satisfy wantsSelect one:O aa. ScarcityO b. DeflationO c. CredibilityO d. RationalityHow do ypu think your unique environment and experiences have contributed to some of the differences you seeDiscuss two examples of similar types of wearable technology for humans?
- Automobile repair shops typically recommend that their customers change their oil and oil filter every 3000 miles. Your automobile user’s manual suggests changing your oil every 5000-7000 miles.If you drive your car 15,000 miles each year and an oil and filter change costs $30, how much money would you save each year if you had this service performed every 5,000 miles.Suppose you own a profitable small business in another state and you wanted to hold a meeting, but you needed to make a decision on whether to fly to the other state using your free frequent-flyer miles and pay a $100 cab-fare or hold a video conference meeting (at a facility that you have already prepaid a $2000 access-fee but must also paid a $155/hour to use the facility). What option should you choose?Stan Moneymaker needs 15 gallons of gasoline to top off his automobile’s gas tank. If he drives an extra eight miles (round trip) to a gas station on the outskirts of town, Stan can save $0.10 per gallon on the price of gasoline. Suppose gasoline costs $3.90 per gallon and Stan’s car gets 25 mpg for in-town driving. Should Stan make the trip to get less expensive gasoline? Each mile that Stan drives creates one pound of carbon dioxide. Each pound of CO2 has a cost impact of $0.02 on the environment. What other factors (cost and otherwise) should Stan consider in his decision making?