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does Joo gallons one tenth is so * Answer not have to be correct, points for working out and completion. As part of a gasoline
does Joo gallons one tenth is so * Answer not have to be correct, points for working out and completion. As part of a gasoline reselling scam, you plan to buy of gasoline at $2 per gallon, mix some of it with water and resell the mixture for $2 per gallon. Suppose water is free, but for each percentage of water in the mixture, number of gallons of the mixture you could sell would be reduced by the 500 gallons you originally purchase (because your customers became aware that some of the gasoline diluted). Hint: The idea is that you would make money from the difuted gasoline, and you would break even from the undiluted gasoline ( because you are selling it at the same price of $2 per gallon). you can simply focus your analysis on the profit you could make from an optimal percentage of water in the gasoline wixture. (4) What would be your cost C(*) for each gallon of mixtue? (b) How many gallons 8(C) of the winture could you sell? (C) What is the total cost T(2) of making the amount of mixture that you would alle to sell? (do How much prefit P(x) would you make selling your mixture? does Joo gallons one tenth is so * Answer not have to be correct, points for working out and completion. As part of a gasoline reselling scam, you plan to buy of gasoline at $2 per gallon, mix some of it with water and resell the mixture for $2 per gallon. Suppose water is free, but for each percentage of water in the mixture, number of gallons of the mixture you could sell would be reduced by the 500 gallons you originally purchase (because your customers became aware that some of the gasoline diluted). Hint: The idea is that you would make money from the difuted gasoline, and you would break even from the undiluted gasoline ( because you are selling it at the same price of $2 per gallon). you can simply focus your analysis on the profit you could make from an optimal percentage of water in the gasoline wixture. (4) What would be your cost C(*) for each gallon of mixtue? (b) How many gallons 8(C) of the winture could you sell? (C) What is the total cost T(2) of making the amount of mixture that you would alle to sell? (do How much prefit P(x) would you make selling your mixture
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