1. Identify the curve that represents the regular gasoline vehicle and hence determine the range of annual mileage for which it is the most economical of the three vehicle types.
A.
between 37,000 and 49,000
B.
more than 49,000
C.
less than 37,000
D.
more than 37,000
E.
less than 25,000
F.
between 25,000 and 37,000
G.
between 25,000 and 49,000
2. Identify the curve that represents the hybrid vehicle and hence determine the range of annual mileage for which it is the most economical of the three vehicle types.
A.
between 25,000 and 49,000
B.
between 37,000 and 49,000
C.
between 25,000 and 37,000
D.
less than 37,000
E.
more than 37,000
F.
more than 49,000
G.
less than 25,000
![The following graph has plots of the Equivalent Uniform Annual Costs (EUAC) of three vehicles as listed in the table. The EUAC is based on the initial prices of the vehicles and equivalent fuel consumption.
Hybrid
Regular
$28,000 $32,000
Electric
EUAC
Price
$40,000
$15,000
60
Miles/gal
Life (yrs)
25
35
5
5
5
$14,000
$13,000
$12,000
$11,000
$10,000
$9,000
$8,000
y
$7,000
$6,000
10,000
20,000
30,000
40,000
50,000
60,000
Annual mileage
Answer the following three questions:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F77e3e50a-b7c9-4a2d-968c-9f5c2194956a%2Fb138bc0d-1e81-484f-b36e-5903f187dbf0%2F6325sr6r_processed.png&w=3840&q=75)
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