Jackson has just returned from a duck-hunting trip. He has brought home eight ducks. Jackson's friend Lily disapproves of duck hunting and, to discourage Jackson from further hunting, Lily has presented him with the following cost estimate per trip: Camper and equipment: Cost, $16,000; usable for 8 seasons; 10 hunting trips per season $ 200 Travel expense (pickup truck): 100 kilometres at $0.20 per kilometre (gas, oil and tires$0.15 per kilometre; depreciation and insurance$0.05 per kilometre) 20 Shotgun shells (two boxes) 20 Boat: Cost, $2,400; usable for 8 seasons; 10 hunting trips per season 30 Hunting licence: Cost, $50 for the season; 10 hunting trips per season 5 Money lost playing poker: Loss, $15 (Jackson plays poker every weekend) 15 A bottle of Old Gran-Dad: Cost, $10 (used to ward off the cold) 10 Total cost $ 300 Cost per duck ($240 8 ducks) $ 37.50 Required: 1. Assuming that the duck-hunting trip Jackson has just completed is typical, what costs are relevant to a decision as to whether Jackson should go duck hunting again this season? 2. Suppose that Jackson gets lucky on his next hunting trip and shoots ten ducks in the amount of time it took him to shoot eight ducks on his last trip. How much would it have cost him to shoot the last two ducks? (Leave no cells blank - be certain to enter "0" wherever required.) 3. Which costs are relevant in a decision of whether Jackson should give up hunting? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply Shotgun shellsunanswered Depreciation of boat, pickup truckunanswered Hunting licenceunanswered Travel cost (gas, oil and tires)unanswered Cost of his Camper and equipmentunanswered Money lost in poker Expert Answer This solution was written by a subject matter expert. It's designed to help students like you learn core concepts