On our trip, diesel fuel cost averaged €1.80/l. The currency conversion rate in April 2012 was $1.293/€. What is today’s dollar to Euro conversion rate? __1usd/0.95 €____ How much did I pay in dollars per gallon on my trip? ____you did not put how many gallons of gas you bought______ The cheapest fuel anywhere on the Autostrada in Italy was €1.646/l on A14 at CANNE BATTAGLIA OVEST between Bologna and Taranto. How much did it cost in $/gallon? _______________________________________________$2.12usd_______________ What is today’s dollar per gallon cost for diesel at CANNE BATTAGLIA OVEST? What is the percent difference in the cost of diesel today compared to our average cost in 2012? Use today’s cost of petrol and today’s currency conversion rate. __________________ In May of 2019, we went to Central Europe. We flew to Budapest, Hungary and rented a car that burns regular petrol. Find a typical price per liter for petrol in Budapest (in Euros) _____________________. What is the price per gallon in dollars? ___________. We flew home from Prague, Czech Republic. Find a typical price per liter for petrol in Brno, Czech Republic (in Korunas) _____________________. What is the price per liter in Euros? ________________ What is the price per gallon in dollars? ______________. In August we traveled to Ireland. What is the price of petrol in $/gal near Limerick at Circle K in County Clare? _______________________.

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Answered: On our trip, diesel fuel cost averaged…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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On our trip, diesel fuel cost averaged €1.80/l. The currency conversion rate in April 2012 was $1.293/€. What is today’s dollar to Euro conversion rate? __1usd/0.95 €____ How much did I pay in dollars per gallon on my trip? ____you did not put how many gallons of gas you bought______
The cheapest fuel anywhere on the Autostrada in Italy was €1.646/l on A14 at CANNE BATTAGLIA OVEST between Bologna and Taranto. How much did it cost in $/gallon? _______________________________________________$2.12usd_______________
What is today’s dollar per gallon cost for diesel at CANNE BATTAGLIA OVEST? What is the percent difference in the cost of diesel today compared to our average cost in 2012? Use today’s cost of petrol and today’s currency conversion rate. __________________
In May of 2019, we went to Central Europe. We flew to Budapest, Hungary and rented a car that burns regular petrol. Find a typical price per liter for petrol in Budapest (in Euros) _____________________. What is the price per gallon in dollars? ___________.
We flew home from Prague, Czech Republic. Find a typical price per liter for petrol in Brno, Czech Republic (in Korunas) _____________________. What is the price per liter in Euros? ________________ What is the price per gallon in dollars? ______________.
In August we traveled to Ireland. What is the price of petrol in $/gal near Limerick at Circle K in County Clare? _______________________.

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