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Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill's friend, John, disapproves of duck hunting, and to discourage Bill
Bill has just returned from a duck hunting trip. He brought home eight ducks. Bill's friend, John, disapproves of duck hunting, and to discourage Bill from further hunting, John presented him with the following cost estimate per duck: Camper and equipment: Cost, $11,000: usable for eight seasons; 14 hunting trips per season Travel expense (pickup truck): s 98 100 miles at $0.32 per mile (gas, oil, and tires-so.22 per mile: depreciation and insurance-$0.10 per mile) 32 30 Shotgun shells (two boxes per hunting trip) Boat: Cost, $2,320, usable for eight seasons 14 hunting trips per season Cost, $60 for the season 14 hunting trips per season Loss, $30 (Bill plays poker every weekend whether he goes hunting or stays 21 Hunting license: Money lost playing poker: 30 at home) Bottle of whiskey: 15 s 230 $ 29 Cost, $15 per hunting trip (used to ward off the cold) Total cost Cost per duck ($230 8 ducks)
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