Question
Having seen the wacky antics of Kramer and Newman, let's see what it would cost to returns bottles and cans from New York in Michigan.
Having seen the wacky antics of Kramer and Newman, let's see what it would cost to returns bottles and cans from New York in Michigan. You will be going to Detroit, Michigan. For our sake we will assume you are moving soda cans, each valued at a 10 cent deposit that is returned to you when the can is delivered.Use your best economic thinking and analysis to consider the choices consumers make when states decide to implement bottle and can deposit schemes. Is it really worth it, outside the TV show, to return bottles?As you think through this, here are a few things to consider:What is the distance from New York to Detroit? (bear in mind this will be a round trip)Consider Your Travel Options:Would a regular car work? Look at the specs on a Ford Taurus. See if it has enough trunk space and good enough gas mileage. How many bottles would you need to return to make a profit? Can you be profitable with a Ford Taurus? US News RankingMaybe you need to go bigger. Unlike Newman and Krammer you do not have a mail truck, but you can rent a moving truck from Uhaul. You would drive the truck there and then take the train back to New York. Use Uhaul and Amtrak to determine prices. Is there a truck size that will allow enough bottles to be profitable when considering all costs (you will also need to consider gas mileage for the Uhaul).Imagine your friend works at Uhaul and will provide you with any truck you need for free. Now can you bring enough bottles to be profitable? If you found that you could make a profit returning bottles to Michigan, what other costs would you have to consider prior to making the decision to go and return bottle
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