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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: How can you calculate the cost per mile of owning a car?
Post by: Sublight2097 on Jun 20, 2015
How can you calculate the cost per mile of owning a car?
A) Divide total costs per year of owning the car by the number of miles driven in a year.
B) Divide total costs per year of owning and operating the car by the number of miles driven in a year.
C) Divide total costs per year of operating the car by the number of miles driven in a year and add the result to the cost of owning the car.
D) You cannot do so in any defensible way because cars are owned per unit of time period, not per unit of distance.


Title: Re: How can you calculate the cost per mile of owning a car?
Post by: Dropx on Aug 18, 2015
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Title: Re: How can you calculate the cost per mile of owning a car?
Post by: Sublight2097 on Aug 31, 2015
Another one in the books, marking it solved.


Title: Re: How can you calculate the cost per mile of owning a car?
Post by: Dropx on Aug 31, 2015
Thanks for updating the community. A lot posters don't realize how important feedback is!