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Suppose a new all electric vehicle costs $40,000 and requires 1.5MJ per passenger mile. You trade in your old gas powered vehicle, which required 4MJ pre passenger mile, for $2,000. I. Suppose a gallon of gas contains 20MJ and costs $4.00, how many miles must you drive before your purchase becomes cost effective?

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Suppose a new all electric vehicle costs $40,000 and requires 1.5MJ per passenger mile. You trade in...

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