Describe several different fixed costs and variable costs

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Reference no: EM132629281

Discussion: Your initial discussion thread is due and you have to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.

Fixed and Variable Costs

After reading Chapter 8 in the text and viewing the required video for this week, Fixed, variable, and marginal cost, address the following in your initial post:

First, describe several different fixed costs and variable costs associated with operating an automobile.

Next, assume that you would like to travel from Los Angeles to New York City by either car or plane. Which costs would you take into account in making your decision, fixed costs, variable costs or both? Make sure to explain your analysis in the decision that you have to make.

Guided Response: Review the discussion board posts of your classmates. Analyze the difference in your answer to your peers in response to the different costs that are discussed . Respond to at least two of your classmates. Discuss the different types of costs like fixed, variable, or both.

Reference no: EM132629281

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