Question
Oil costs Birr 4 per gallon and diesel costs Birr 5.24 per gallon. If the price of oil rises by 10% a month, and the
Oil costs Birr 4 per gallon and diesel costs Birr 5.24 per gallon. If the price of oil rises by 10% a month, and the price of diesel is unchanged, how many months will it take until a gallon of oil costs more than a gallon of diesel?
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Price theory and applications
Authors: Steven E landsburg
8th edition
538746459, 1133008321, 780538746458, 9781133008323, 978-0538746458
