Questions: What is the difference in price between the car with the highest highway gas mileage and the car with the lowest gas mileage?
Select one:
A. 1,375
B. 875
C. 1,130
D. None of these
E. 1,390
Transcript text: What is the difference in price between the car with the highest highway gas mileage and the car with the lowest gas mileage?
Select one:
A. $\$ 1,375$
B. $\$ 875$
C. $\$ 1,130$
D. None of these
E. $\$ 1,390$
Solution
Solution Steps
To find the difference in price between the car with the highest highway gas mileage and the car with the lowest highway gas mileage, we first identify the highway miles per gallon (mpg) for each car. Then, we determine which car has the highest and which has the lowest highway mpg. Finally, we calculate the difference in MSRP between these two cars.
Step 1: Identify Highway MPG
The highway miles per gallon (mpg) for each car are as follows:
Car 1: \(36\) mpg
Car 2: \(31\) mpg
Car 3: \(34\) mpg
Step 2: Determine Highest and Lowest MPG
From the values above, we find:
Highest highway mpg: Car 1 with \(36\) mpg
Lowest highway mpg: Car 2 with \(31\) mpg
Step 3: Identify MSRP
The Manufacturer's Suggested Retail Price (MSRP) for each car is:
Car 1: \(\$12,955\)
Car 2: \(\$13,830\)
Car 3: \(\$12,685\)
Step 4: Calculate Price Difference
The difference in price between the car with the highest highway mpg (Car 1) and the car with the lowest highway mpg (Car 2) is calculated as follows:
\[
\text{Price Difference} = \$13,830 - \$12,955 = \$875
\]