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[solution] » Suppose you are trying to decide whether to drive or take the

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Suppose you are trying to decide whether to drive or take the
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Suppose you are trying to decide whether to drive or take the train to Portland to attend a concert. You have ample cash to do either, but you don?t want to waste money needlessly. Is the cost of the train ticket relevant in this decision? In other words, should the cost of the train ticket affect the decision of whether you drive or take the train to Portland?

  1. Yes, the cost of the train ticket is relevant.
  2. No, the cost of the train ticket is not relevant.

 

Choose your answer (yes or no) also explain why you chose your answer.

reference page, APA standard, and 400 words please


Relevant Cost

 

Relevant costs are the costs which helps in making the decision. The mina objective

 

of the relevant cost is to analyse the cash outflow or inflow which will be the result of a...

 







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