The fleet average fuel economy of one car maker fails to meet the present CAFE target (27.5 mpg) by 3 mpg. As we know, this will incur a penalty of $165 per car. Assuming that the first owner of a...

The fleet average fuel economy of one car maker fails to meet the present CAFE target (27.5 mpg) by 3 mpg. As we know, this will incur a penalty of $165 per car. Assuming that the first owner of a typical car bought from this car maker drives it for 100,000 miles before selling it, how much more gasoline will it burn than one that meets the standard? If the carbon footprint of gasoline is 2.9 kg/liter and 1 US gallon 5 3.79 liters how much extra carbon does the car emit? If gasoline costs $4 per US gallon, what is the cost penalty of the deficit of 3 mpg?