Calculate the rate of fuel consumption.
This economics question tests your understanding of economic models and analysis. The step-by-step answer below applies the relevant framework and explains the reasoning.
ScanSolve AI Answer
Step 1: Calculate the rate of fuel consumption.
The rate of fuel consumption is the distance traveled divided by the fuel used.
$$ \text{Rate} = \frac{\text{Distance}}{\text{Fuel used}} = \frac{11.45 \text{ km}}{1.12 \text{ litres}} $$
$$ \text{Rate} \approx 10.223214 \text{ km/litre} $$
Rounding to 3 significant figures (due to 1.12 litres having 3 s.f.):
$$ \text{Rate} \approx 10.2 \text{ km/litre} $$
Step 2: Estimate the amount of fuel for 40.34 km.
