� 2012 Pearson Education, Inc., Upper Saddle River, NJ. All rights reserved.

This
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89
3-3 Left as an individual exercise by each student. One possible solution:
The cost of an oil and filter change would be approximately: five quarts of oil
($5.50), oil filter ($4.75),
labor ($4.00), and building / equipment ($3.00). This totals $17.75. The actual
cost of an oil and filter
change is around $20, which leaves a profit of $2.25 for the service station owner.
This is a markup of
12.7% by the station. The station will make even more money when you need new wiper
blades, a
replacement tail-light, new fan belts, and so on. The $20 oil change turns into a
$75 visit fairly quickly.
Does this sound familiar?
Ask the students to supply other items to the �shopping list� of add-ons above.
� 2012 Pearson Education, Inc., Upper Saddle River, NJ. All rights reserved. This
publication is protected by Copyright and written permission should be obtained
from the publisher prior to any prohibited reproduction, storage in a retrieval
system, or transmission in any form or by any means, electronic, mechanical,
photocopying,
recording, or likewise. For information regarding permission(s), write to: Rights
and Permissions Department, Pearson Education, Inc., Upper Saddle River, NJ 07458.
90
3-4 (a) (62 million tons per year) (0.05) = 3.1 million tons of greenhouse gas per
year
3.1 million tons per year
$1.2 billion
= $387.10 per ton
(b) (3 billion tons per year) (0.03) = 90 million tons per year
X $34.84 billion