Question: 8. List several fixed and variable costs associated with owning and operating an automobile. Suppose you are considering whether to drive you car or fly
8. List several fixed and variable costs associated with owning and operating an automobile. Suppose you are considering whether to drive you car or fly 1000 kilometres for spring break. Which costs—fixed, variable, or both—would you take into account in making your decision? Would any implicit costs be relevant? Explain.
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