Consider the following costs of Homework: Problem Set Chapter 8 Score: 0 of 3 pt

Question

Consider the following costs of Homework: Problem Set Chapter 8 Score: 0 of 3 pts HW Score: 0%,00t 50pts Text Problem 1.1 25miles per galon uses reglargrade gasoline that costs 82 10per… Fnly, suppose tht waar and tw anthetar con ont $0. 10amm Which costs are fwed, and which are variable? O A. Fxed costs are the monthly car payment and the cost ofinsurance vartable costs are he coot of gsoline and costs associated with war and ar B. Faxed cost is the monthly car payment, variable costs ane the cost of car payment, the cost of insurance, and the cost of gnolinevariable costs ane the contsassocated with wear and war O D. Fxed costs are the monthly car payment, the cost of insurance, and costs associated with wear and lear variable costs ae the oest of psoine 3

Explanation / Answer

Fixed cost are the monthly car payment and the cost of insurance, variable cost are the cost of gasoline and the cost associated with wear and tear.

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