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Assume that you are in the market for a luxury German car and that you have completed the following table.   Model Power Price Top Speed Looks MBenz C300 265 HP $60,905 201 km/h Good Audi A4 272 HP $54,275 219 km/h Better BMW 320i 258 HP $47,645 254 km/h Best   Decide which car to buy, based on a grid analysis.   For each column, rate the cars as follows: ·         3 = most desirable ·         2 = in-between ·         1 = least desirable   The weightings for the columns are as follows: ·         Power (4) ·         Price (5) ·         Top Speed (2) ·         Looks (3)   a)      Provide the two completed spreadsheets in the space below. b)      State your final decision.

Assume that you are in the market for a luxury German car and that you have completed the following table.   Model Power Price Top Speed Looks MBenz C300 265 HP $60,905 201 km/h Good Audi A4 272 HP $54,275 219 km/h Better BMW 320i 258 HP $47,645 254 km/h Best   Decide which car to buy, based on a grid analysis.   For each column, rate the cars as follows: ·         3 = most desirable ·         2 = in-between ·         1 = least desirable   The weightings for the columns are as follows: ·         Power (4) ·         Price (5) ·         Top Speed (2) ·         Looks (3)   a)      Provide the two completed spreadsheets in the space below. b)      State your final decision.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 7SCQ: Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at...
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Assume that you are in the market for a luxury German car and that you have completed the following table.

 

Model

Power

Price

Top Speed

Looks

MBenz C300

265 HP

$60,905

201 km/h

Good

Audi A4

272 HP

$54,275

219 km/h

Better

BMW 320i

258 HP

$47,645

254 km/h

Best

 

Decide which car to buy, based on a grid analysis.

 

For each column, rate the cars as follows:

·         3 = most desirable

·         2 = in-between

·         1 = least desirable

 

The weightings for the columns are as follows:

·         Power (4)

·         Price (5)

·         Top Speed (2)

·         Looks (3)

 

a)      Provide the two completed spreadsheets in the space below.

b)      State your final decision.

 
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