Bill has just returned from a duck hunting trip. He has brought home eight ducks. Bills friend, John, disapproves of duck hunting, and to discourage Bill from further hunting, John has presented him with the following cost estimate per duck

Bill has just returned from a duck hunting trip. He has brought home eight ducks. Bills friend, John, disapproves of duck hunting, and to discourage Bill from further hunting, John has presented him with the following cost estimate per duck: Camper and equipment: $180 Cost, $1,800; usable for eight seasons, 10 hunting trips per season Travel expense (pickup truck) 100 miles at $0.36 per mile (gas, oil, and tires-$0.20 per mile; depreciation and insurance -$0.16 per mile) Shotgun shells (two boxes) Boat 36 25 25 Cost, $2,000, usable for eight seasons; 10 hunting trips per season Hunting license Cost, $50 for the season; 10 hunting trips per season Money lost playing poker 26 15 $276 S 35 Loss, $26 (Bill plays poker every weekend) Bottle of whiskey: Cost, $15 (used to ward off the cold) Total cost Cost per duck ($276 8 ducks) Required: 1. Assuming that the duck hunting trip Bill has just completed is typical, what costs are relevant to a decision as to whether Bill should go duck hunting again this season