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You are trying to decide whether to drive or take the train to New York to attend a concert. You have ample cash to do
You are trying to decide whether to drive or take the train to New York to attend a concert. You have ample cash to do either, but you donit want to Waste morrey needlessly. 1. I5 the cost of the to take the cab to the train station rolevant in this decision? Answer Yes or No 2. Is the annual cost of insurance for your cief relevant in this decision? Answer Yes or No 3. Suppose that your car was bought last year for $25000 and you are paying $250 per mionth as a car payment on the Auto loan you took to buy the car. Is this a relevant coth for this decision? Answer Yes or No 4. Suppose the fuel cost for driving to New York wil be $220 and a friend who wants to ride with you has offered to pay $100 towarda the fial coet. Is $120 for fuel a relevant cost for this decieion? Answer Yes or No 5. Suppose it costs $40 per day to take taxis in New York if you take the train and $80 per day to park in New Yonk if you take the car. Are both of these costs relevant for this decision? Answer Yes or No 6. If wou drive there your friend wil save the cost of het train ticket. Is this a releyant cost for this decision? Answer Yes or No
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