The pieces of equipment required to place 160 cubic yards of concrete in 1 day by experienced workmen are two gasoline engine vibrators and one concrete pump. If the vibrators cost $76 per day and the concrete pump costs $580 per day, the variable cost of the equipment per cubic yard of concrete is closest to: (a) $0.95 (b) $3.63 (c) $4.10 (d ) $4.60
The pieces of equipment required to place 160 cubic yards of concrete in 1 day by experienced workmen are two gasoline engine vibrators and one concrete pump. If the vibrators cost $76 per day and the concrete pump costs $580 per day, the variable cost of the equipment per cubic yard of concrete is closest to: (a) $0.95 (b) $3.63 (c) $4.10 (d ) $4.60
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The pieces of equipment required to place 160 cubic
yards of concrete in 1 day by experienced workmen
are two gasoline engine vibrators and one concrete
pump. If the vibrators cost $76 per day and the concrete
pump costs $580 per day, the variable cost of
the equipment per cubic yard of concrete is closest to:
(a) $0.95 (b) $3.63 (c) $4.10 (d ) $4.60
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