You are deciding whether to take a car ride from NY to LA or not. Which...
You are deciding whether to take a car ride from NY to LA or not. Which of these is least likely to affect your decision?
a. price of gas
b. cost of oil changes
c. your annual insurance payment
d. highway tolls
Homework Answers
"C"
the annual insurance payment because that is a fixed cost and fixed costs doesn't affect the decision making.
Add Answer to:
You are deciding whether to take a car ride from NY to LA or
not. Which...
QUESTION 4 The term variable costs refers to O prices of inputs that vary a lot...
QUESTION 4 The term variable costs refers to O prices of inputs that vary a lot increases in the prices of any input costs that vary with the type of final product being produced costs that vary with the quantity of output being produced QUESTION 5 If a firm's marginal cost exceeds its marginal revenue, then O profit is negative the firm should shut down cutting back production will increase profits the firm should reduce its per-unit cost by increasing...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride fr...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride from NYOLA OF ROL Which of these s telyo anc o cost of oil changes your annual insurance payment Highway to's QUESTION Which of the following QUESTION 10 Mosquito control is an example of a good that people get to enjoy without paying for itanonval good if used by one person cannot be used by another arrival good people get to enjoy...
3. You are deciding between leasing or purchasing a car and you need the car for...
3. You are deciding between leasing or purchasing a car and you need the car for the next four years. The details of these two alternatives are discussed below. Buy The initial cost will be $35,000. There will be major maintenance every two years, costing $2,000. The annual insurance on the car will cost $3,200 annual and the gas will cost $1,800 annually. You expect to sell the car for $8,000 dollars at the end of the four years. Lease...
Which of the following is irrelevant when deciding whether to drive or fly home for semester break? A. Cost of plane ti...
Which of the following is irrelevant when deciding whether to drive or fly home for semester break? A. Cost of plane ticket. B. Wear and tear on your vehicle C. Cost of the gasoline D. Cost of car insurance.
You are trying to decide whether to keep your old job and your old car or...
You are trying to decide whether to keep your old job and your old car or take a new job and purchase a new car. You only use your current car to drive between home and work, which is currently a 31-mile journey each month. You spend $600 on insurance every 3 months. You also find that you are spending $9.00 per mile in gas and maintenance. You do not make any monthly car payments for your old car. You...
58. You are deciding whether to buy a new or a two-year-old car (of the same...
58. You are deciding whether to buy a new or a two-year-old car (of the same make) based on which will have cost you less when you resell it at the end of three years. Your cost consists of two parts: the loss in value of the car and the repairs. A new car costs $20,000 and loses 12% of its value each year. Repairs are $400 the first year and increase by 18% each subsequent year. (a) For a...
2) Your friend Tom is deciding whether to buy a new car. The Honda that he...
2) Your friend Tom is deciding whether to buy a new car. The Honda that he wants will cost $25,000, with annual costs of $1,000 per year, with an estimated salvage value of $5,000 ten years from now. His current used car could be sold for $5,000 today, with the salvage value decreasing by $1,000 for each additional year. Annual costs are currently $2,000, but are expected to increase by $500 per year. Tom anticipates that his old car could...
JAVA You have been scrimping and saving and are now looking to buy a new car....
JAVA You have been scrimping and saving and are now looking to buy a new car. You decided you want to buy a Honda Civic because of its good gas mileage, good trade in value and available features. Now you get to choose a package of options. Base price: $17,950 The car comes with these different option packages: Option ‘P’ includes: auto transmission, power windows and locks, stereo sound system. Cost: base + 1200 Option ‘L’ includes: all of the...
You deciding between purchasing an electric car and an all-gas model. The electric model sells for...
You deciding between purchasing an electric car and an all-gas model. The electric model sells for 38,000 and can drive 258 miles per full charge.The all−gas model gets an effective gas mileage of 22 MPG and sells for 38,000 and can drive 258 miles per full charge.The all−gas model gets an effective gas mileage of 22 MPG and sells for 22,000. Assuming you drive 15,000 miles a year, which of the two cars would be the more economical over ten...
4. Suppose you take a one hour car ride, and this is the graph of your...
4. Suppose you take a one hour car ride, and this is the graph of your velocity as a function of time during the trip. velocity (miles per hour) Po 10 50 60 20 30 40 time (minutes) (a) What is your velocity (in miles per hour) at the 50 minute mark of your trip? (b) What is the total distance (in miles) that you travel during the trip? (c) Did you travel further during the first 30 minutes or...
QUESTION 4 The term variable costs refers to O prices of inputs that vary a lot increases in the prices of any input costs that vary with the type of final product being produced costs that vary with the quantity of output being produced QUESTION 5 If a firm's marginal cost exceeds its marginal revenue, then O profit is negative the firm should shut down cutting back production will increase profits the firm should reduce its per-unit cost by increasing...
QUESTION Costs that are indepen marginal cons variable costs QUESTIONS You are decidine whether to take a caride from NYOLA OF ROL Which of these s telyo anc o cost of oil changes your annual insurance payment Highway to's QUESTION Which of the following QUESTION 10 Mosquito control is an example of a good that people get to enjoy without paying for itanonval good if used by one person cannot be used by another arrival good people get to enjoy...
3. You are deciding between leasing or purchasing a car and you need the car for the next four years. The details of these two alternatives are discussed below. Buy The initial cost will be $35,000. There will be major maintenance every two years, costing $2,000. The annual insurance on the car will cost $3,200 annual and the gas will cost $1,800 annually. You expect to sell the car for $8,000 dollars at the end of the four years. Lease...
Which of the following is irrelevant when deciding whether to drive or fly home for semester break? A. Cost of plane ticket. B. Wear and tear on your vehicle C. Cost of the gasoline D. Cost of car insurance.
58. You are deciding whether to buy a new or a two-year-old car (of the same make) based on which will have cost you less when you resell it at the end of three years. Your cost consists of two parts: the loss in value of the car and the repairs. A new car costs $20,000 and loses 12% of its value each year. Repairs are $400 the first year and increase by 18% each subsequent year. (a) For a...
4. Suppose you take a one hour car ride, and this is the graph of your velocity as a function of time during the trip. velocity (miles per hour) Po 10 50 60 20 30 40 time (minutes) (a) What is your velocity (in miles per hour) at the 50 minute mark of your trip? (b) What is the total distance (in miles) that you travel during the trip? (c) Did you travel further during the first 30 minutes or...
Most questions answered within 3 hours.
-
A speeding car is traveling along a straight road with a
constant speed of 100 km/hour....
asked 14 minutes ago -
When 60.1 gg of calcium is reacted with nitrogen gas, 31.7 gg of
calcium nitride is...
asked 19 minutes ago -
The random variable X is exponentially distributed, where X
represents the time it takes for a...
asked 33 minutes ago -
a) Write a verilog module for 1:4 Demultiplexer using verilog
primitives.
b) Design 1-to-4 DEMUX using...
asked 28 minutes ago -
MATLAB
write a MATLAB function (1) output a third-order polynomial
function with the coefficients as the...
asked 41 minutes ago -
A z-score
communicates a raw score’s "relative standing"
under the normal curve in relation to:
asked 50 minutes ago -
An object is vibrating on a spring with the following equation
of motion:
?=(30 ??)cos((2?)/(160)?)
a)...
asked 49 minutes ago -
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 51 minutes ago -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 52 minutes ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 56 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 1 hour ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 1 hour ago