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1) Cynthia is considering whether to drive or take the train to visit a friend in New York. Only certain costs differ between the alternatives and are therefore relevant to her decision. 2) Relevant costs of driving include gasoline, vehicle maintenance, reduction in resale value from additional miles, and parking in New York. Relevant costs of taking the train include only the round-trip fare. 3) From a financial perspective, taking the train is cheaper due to the relevant costs being $137.86 for drivi

Author

mehar

Language

EN