Economy ? Can anyone list several fixed and variable costs associated with owning and operating an automobile?
Posted March 16th, 2010 by admin 1 Comment »
gymnast to phlebotomist asked:
List several fixed and variable costs associated with owning and operating an automobile. Suppose you are considering whether to drive your car or fly 1000 miles to Florida for spring break. Which cost-fixed, variable, or both- would you take into account in making your decision? Would any implicit costs be relevent? Can you explain this?
List several fixed and variable costs associated with owning and operating an automobile. Suppose you are considering whether to drive your car or fly 1000 miles to Florida for spring break. Which cost-fixed, variable, or both- would you take into account in making your decision? Would any implicit costs be relevent? Can you explain this?